by Sunday | Aug 16 | Accounting WAEC
A. debtors B. creditors C. fixtures D. goodwill E. motor vehicles Correct Answer: Option D – goodwill
by Sunday | Aug 16 | Accounting WAEC
A. debited to profit and loss account B. credit to profit and loss discount C. debit to debtors account D. debited to provision for bad debts account Correct Answer: Option A – debited to profit and loss account
by Sunday | Aug 16 | Accounting WAEC
A. dividend warrant B. revenue reserve C. capital reserve D. call-in-advance E. call-in-arrears Correct Answer: Option D – call-in-advance
by Sunday | Aug 16 | Accounting WAEC
A. purchases account, credit trading account B. trading account, credit purchases account C. profit and loss account, credit purchases account D. profit and loss account, credit purchases account E. capital account, credit purchases account Correct Answer: Option C...
by Sunday | Aug 16 | Accounting WAEC
A. equal to its original cost B. twice its original cost C. equal to its current market value D. the difference between its cost and market value E. equal to zero Correct Answer: Option E – equal to zero