by Sunday | Mar 21 | Accounting WAEC
A. depreciation B. royalty C. factory rent D. factory electricity Correct Answer: Option D D. factory electricity
by Sunday | Mar 21 | Accounting WAEC
A. ordinary partner B. limited partner C. dormant partner D. nominal partner Correct Answer: Option C C. dormant partner Explanation Dormant partner: Contributor or investor who is not active in managing a firm and may not be known to the outsiders. A dormant partner...
by Sunday | Mar 21 | Accounting WAEC
A. trading account B. profit and loss account C. income and expenditure account D. profit and loss appropriation account Correct Answer: Option C C. income and expenditure account
by Sunday | Mar 21 | Accounting WAEC
A. vote B. subvention C. general order D. estimate Correct Answer: Option D D. estimate
by Sunday | Mar 21 | Accounting WAEC
A. net value of goods sent to branch B. gross profit of the branch C. branch credit sales D. branch net profit or loss Correct Answer: Option D D. branch net profit or loss