by Sunday | Aug 20 | Accounting WAEC
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000...
by Sunday | Aug 20 | Accounting WAEC
Use the following information to answer the given question: Issued capital……………..100,000 Ordinary shares…………….40,000 Preference shares…………..30,000...
by Sunday | Aug 20 | Accounting WAEC
A. a debt written on bad receipts B. debt owed by a bad person C. debt that can not be collected D. overcharge on a debtors account E. debt paid with bad currency notes Correct Answer: Option C – debt that can not be...
by Sunday | Aug 20 | Accounting WAEC
A. direct material and factory overhead B. direct labour and direct expenses C. direct labour and factory overhead D. direct materials, direct labour, direct expenses and factory overhead E. direct expenses and factory overhead Correct Answer: Option D – direct...
by Sunday | Aug 20 | Accounting WAEC
A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. The accumulated depreciation at the end of year 3 using the straight line method is A. N9,300 B. N9,000 C. N8,700 D. N6,900 E. N6,000 Correct Answer: Option C –...