by Sunday | Aug 19 | Accounting WAEC
A. purchase day book B. sales day book C. cash book D. returns inwards book E. returns outwards book Correct Answer: Option E – returns outwards book
by Sunday | Aug 19 | Accounting WAEC
A. for cash and credit B. for cash C. on credit D. to wholwsalers E. to retailers Correct Answer: Option C – on credit
by Sunday | Aug 19 | Accounting WAEC
A. every debtor must have a creditor B. every account debited must be immediately credited C. for every debit there must be a corresponding credit D. for every double debit, threre must be a double credit E. for every item there must be a doubkle entry Correct Answer:...
by Sunday | Aug 19 | Accounting WAEC
A. N60 credit, N100 credit B. N60 credit, N100 debit C. N60 debit, N100 debit D. N61 debit, N100 credit E. N160 credit, N60 credit Correct Answer: Option B – N60 credit, N100 debit
by Sunday | Aug 19 | Accounting WAEC
i. correction of errors ii. opening and closing the accounting books iii. recording cash purchases A. i B. ii C. iii D. i and ii E. i and iii Correct Answer: Option D – i and ii