by Sunday | Aug 19 | Accounting WAEC
A. a charge to profit and loss account B. a charge to trading account C. an appropriation of divisible profit D. an appropriation of interest on capital E. an appropriation of interest on current account Correct Answer: Option C – an appropriation of divisible...
by Sunday | Aug 19 | Accounting WAEC
A. trading account and balance sheet B. profit and loss account and balance sheet C. balance sheet only D. trading profit and loss account and balance sheet E. manufacturing, trading, profit and loss account and balance sheet Correct Answer: Option E –...
by Sunday | Aug 19 | Accounting WAEC
A. income and expenditure account is prepared B. income and expenditure account excludes accruals and prepayments C. Income and expenditure account excludes capital receipts and capital payments D. receipts and Payments account is a substitute for expenditure account...
by Sunday | Aug 19 | Accounting WAEC
A. consolidated fund B. recurrent fund C. accumulated fund D. working capital E. general reserve Correct Answer: Option C – accumulated fund
by Sunday | Aug 19 | Accounting WAEC
A. for the year ended…………19 x 1 B. for…………19 x 1 C. as………….19 x 1 D. as at………19 x 1 E. ……………….19 x 1 Correct Answer: Option A – for the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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