by Sunday | Jun 3 | Accounting WAEC
A. a trial balance is an account having debit and credit sides B. expenses, losses and assets have debit balances C. revenues, gains and liabilities have credit balances D. a trial balance is a list of balances extracted from ledger accounts Correct Answer: Option A...
by Sunday | Jun 3 | Accounting WAEC
A. internal use only B. external use only C. business use only D. internal and external use Correct Answer: Option D D. internal and external use
by Sunday | Jun 3 | Accounting WAEC
A. opening stock B. closing stock C. discounts allowed D. discounts received Correct Answer: Option B B. closing stock
by Sunday | Jun 3 | Accounting WAEC
A. insurance B. carriage inwards C. purchases of raw materials D. royalty Correct Answer: Option D D. royalty
by Sunday | Jun 3 | Accounting WAEC
A. overhead B. material cost C. fixed cost D. administration cost Correct Answer: Option A A. overhead