by Sunday | Aug 15 | Accounting WAEC
A. preference shares and rights issue B. fixed shares and current share C. ordinary shares and preference shares D. redeemable shares and Irredeemable shares Correct Answer: Option C – ordinary shares and preference shares
by Sunday | Aug 15 | Accounting WAEC
A. current asset B. current liability C. long-term liability D. fixed asset Correct Answer: Option B – current liability
by Sunday | Aug 15 | Accounting WAEC
A. repair of generating set B. purchase of inventory C. extension of building D. payment of subscription Correct Answer: Option C – extension of building
by Sunday | Aug 15 | Accounting WAEC
A. profit and loss appropriation B. manufacturing account C. profit and loss account D. trading account Correct Answer: Option A – profit and loss appropriation
by Sunday | Aug 15 | Accounting WAEC
Use the following information to answer the given question J. Chike N B. Balla N Current Accounts balance(1/4/98) 4,000 6,000 Current Accounts balance (1/4/99) 7,000 ? Drawings 1,500 1,500 Share of net profit ? 2,500 A. 1 : 8 : 1 B. 1 : 5 : 1 C. 1 : 25 : 1 D. 1...