by Sunday | Aug 16 | Accounting WAEC
A. goodwill B. capital reserve C. purchase consideration D. premium E. equity Correct Answer: Option C – purchase consideration
by Sunday | Aug 16 | Accounting WAEC
A. is due for payment B. is a Profit and Loss Account item C. is a Trading Account item D. is to be paid within the next year E. must appear in the balance sheet Correct Answer: Option A – is due for payment
by Sunday | Aug 16 | Accounting WAEC
Use the following information to answer this question Kudi Local Government Council incurred the following expenditure in 1995: # Payment of salaries 140,000 Purchase of drugs for dispensaries 80,000 Purchase of books for Library 30,000 Sinking of wells 70,000...
by Sunday | Aug 16 | Accounting WAEC
Use the following information to answer this question Kudi Local Government Council incurred the following expenditure in 1995: # Payment of salaries 140,000 Purchase of drugs for dispensaries 80,000 Purchase of books for Library 30,000 Sinking of wells 70,000...
by Sunday | Aug 16 | Accounting WAEC
A. Trading Account item B. Profit and Loss Account item C. Appropriation Account item D. Receipts and Payments Account item E. Balance Sheet item. Correct Answer: Option B – Profit and Loss Account item