by Sunday | Aug 18 | Accounting WAEC
A. accrued expenses B. accrued income C. prepaid expenses D. income received in advance E. preliminary expenses Correct Answer: Option E – preliminary expenses
by Sunday | Aug 18 | Accounting WAEC
A. prepayment B. stock C. accrual D. land E. debenture Correct Answer: Option D – land
by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What is the Net book value of the machine at the end of the second year using the straight line method A. N3,250 B. N3,562 C. N3,656 D. N3,750 E. N4,062 Correct...
by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What is the amount of depreciation for the second year using the reducing balance method? A. N1,313 B. N1,4066 C. N1,625 D. N1,750 E. N1,875 Correct Answer: Option A...
by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What was the amount of depreciation charged per annum using straight line method? A. N1,313 B. N1,406 C. N1,625 D. N1,750 E. N1,875 Correct Answer: Option C –...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.