by Sunday | Aug 19 | Accounting WAEC
A. N3,186 B. N2,866 C. N2,255 D. N2,175 E. N1,935 Correct Answer: Option E – N1,935
by Sunday | Aug 19 | Accounting WAEC
A. debit side of the profit and loss account B. credit side of the trading account C. debit side of the trading account D. credit side of the profi and loss account E. debit side of the cash book Correct Answer: Option C – debit side of the trading...
by Sunday | Aug 19 | Accounting WAEC
A. transposition B. omission C. principle D. original entry E. compensation Correct Answer: Option A – transposition
by Sunday | Aug 19 | Accounting WAEC
A. bank charges and commission B. cheques issued, presented and cashed C. bank deposits D. cash payments made by the firm E. opening bank overdraft Correct Answer: Option A – bank charges and commission
by Sunday | Aug 19 | Accounting WAEC
i. compensating error ii. debiting an item instead of crediting it iii. making only a single entry A. i B. ii C. iii D. ii and iii E. i, ii ans iii Correct Answer: Option A – i