by Sunday | Aug 19 | Accounting WAEC
A. creditors account B. debitors account C. salaries account D. fixtures account E. stock account Correct Answer: Option C – salaries account
by Sunday | Aug 19 | Accounting WAEC
A. deducted from the balance of the cash account B. shown in the balance sheet as cash-in-hand C. reconciled with the bank balance D. returned to the sales manager E. shown in the balance sheet as liability Correct Answer: Option B – shown in the balance sheet...
by Sunday | Aug 19 | Accounting WAEC
i. cash book ii. discount received account iii. supplier’s account A. i and iii B. i, ii, and iii C. iii D. i and ii E. ii and iii Correct Answer: Option B – i, ii, and iii
by Sunday | Aug 19 | Accounting WAEC
A. credit balance in the cash column of the cash book B. debit balance in the cash column of the cash book C. debit balance in the loan account D. credit balance in the bank column of the cash book E. debit balance in the bank column of the cash book Correct Answer:...
by Sunday | Aug 19 | Accounting WAEC
A. bank accoun B. sales account C. cash account D. purchases account E. assets account Correct Answer: Option E – assets account