by Sunday | Jun 4 | Accounting WAEC
A. accruals B. prepayments C. depreciation of fixed assets D. purchase of fixed assets Correct Answer: Option D D. purchase of fixed assets
by Sunday | Jun 4 | Accounting WAEC
A. balance sheet B. income and expenditure account C. receipts and expenditure account D. receipts and payments account Correct Answer: Option D D. receipts and payments account
by Sunday | Jun 4 | Accounting WAEC
A. an imprest system B. a statement of affairs C. a bank reconciliation statement D. a self-balancing ledger system Correct Answer: Option D D. a self-balancing ledger system
by Sunday | Jun 4 | Accounting WAEC
A. appropriation account B. trading account C. profit and loss account D. cash book Correct Answer: Option D C. profit and loss account
by Sunday | Jun 4 | Accounting WAEC
A. efficient management is not disclosed B. there is no basis for comparison C. inter-period comparison is impossible D. it does not allow choice of methods Correct Answer: Option C C. inter-period comparison is impossible