by Sunday | Aug 20 | Accounting WAEC
A. an adjustment account B. a control account C. a suspense account D. a profit and loss account E. a trading account Correct Answer: Option C – a control account
by Sunday | Aug 20 | Accounting WAEC
A. allowance for prompt payment B. allowance for damaged goods C. allowance off the price list D. discount on creditors E. discount on debitors Correct Answer: Option C – allowance for damaged goods
by Sunday | Aug 20 | Accounting WAEC
A. proforma invoice B. credit note C. debit note D. consignment note E. goods return note Correct Answer: Option B – credit note
by Sunday | Aug 20 | Accounting WAEC
A. sales day book B. cash book C. ledger D. journal E. purchases day book Correct Answer: Option C – ledger
by Sunday | Aug 20 | Accounting WAEC
A. both the liability and asset are increased B. both the liability and asset are decreased C. liability is increased while the asset is decreased D. liability is decreased while the asset is increased E. both liability and asset remain unchanged Correct Answer:...