by Sunday | Aug 15 | Accounting WAEC
A. assets account B. discount allowed account C. sales account D. discount received account E. debtors account Correct Answer: Option E – debtors account
by Sunday | Aug 15 | Accounting WAEC
A. trading account B. profit and loss account C. income and expenditure D. profit and loss appropriation account E. partner’s capital account Correct Answer: Option D – profit and loss appropriation account
by Sunday | Aug 15 | Accounting WAEC
A. electricity account B. furniture and fittings account C. postages and telephone account D. insurance account E. discount allowed account Correct Answer: Option B – furniture and fittings account
by Sunday | Aug 15 | Accounting WAEC
A. for the year ended………..19 x 1 B. for…………19 x 1 C. as to………….19 x 1 D. in the year…………..19 x 1 E. up to………..19 x 1 Correct Answer: Option C – as to...
by Sunday | Aug 15 | Accounting WAEC
A. bad debt provision B. rent in arrears C. sales D. accrued wages E. insurance prepaid Correct Answer: Option E – insurance prepaid