by Sunday | Mar 21 | Accounting WAEC
A. return inwards account B. machinery account C. sales account D. cash account Correct Answer: Option C C. sales account Explanation Liabilities, revenues and sales, gains, and owner equity and stockholders’ equity accounts normally have credit...
by Sunday | Mar 21 | Accounting WAEC
A. 2 B. 3 C. 5 D. 10 Correct Answer: Option A A. 2 Explanation A minimum of two Persons is required to start a Partnership firm. A maximum number of 20 Partners are allowed in a Partnership firm. You require at least two persons to start a partnership...
by Sunday | Mar 21 | Accounting WAEC
A. three-column cash book B. two-column cash book C. analytical cash book D. petty cash book Correct Answer: Option A A. three-column cash book
by Sunday | Mar 21 | Accounting WAEC
A. military regime B. parliament regime C. presidency D. councilors Correct Answer: Option B B. parliament regime Explanation public accounts committee (PAC) Powerful parliamentary committee set up to examine reports from the Auditor General (or the National Audit...
by Sunday | Mar 21 | Accounting WAEC
A. trading account B. balance sheets C. profit and loss account D. profit and loss appropriation account Correct Answer: Option C C. profit and loss account Explanation Administrative expenses are the expenses that an organization incurs not directly tied to a...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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