by Sunday | Aug 16 | Accounting WAEC
A. imprest B. consolidated fund C. warrant D. budget E. development fund Correct Answer: Option D – budget
by Sunday | Aug 16 | Accounting WAEC
A. Debit note B. Credit note C. Receipt D. Sales journal E. Invoice Correct Answer: Option D – Sales journal
by Sunday | Aug 16 | Accounting WAEC
A. Purchase of Business Account B. Creditor’s Account C. Vendor’s Account D. Purchaser’s Account E. Debtor’s Account Correct Answer: Option A – Creditor’s Account
by Sunday | Aug 16 | Accounting WAEC
Use the following information to answer this question An asset was bought on 1st January, 1992 for N20,000. Depreciation was provided for annually at 20% on cost. It was sold for N7,000 on 1st July, 1995. A. N8.00 B. N7,000 C. N6,000 D. N5,000 E. N1,000 Correct...
by Sunday | Aug 16 | Accounting WAEC
A. making high profits in the business B. Rewarding the imprest holder C. Easy preparation of the final accounts D. Meeting small items of expenditure E. Enabling the Trial Balance to agree Correct Answer: Option D – Meeting small items of...