by Sunday | Mar 21 | Accounting WAEC
i. recording ii. presenting iii. collecting iv. analyzing A. I, ii, iii and iv B. ii, iii, i and iv C. iii, i, ii and iv D. iv, iii, ii and iv Correct Answer: Option C C. iii, i, ii and iv
by Sunday | Mar 20 | Accounting WAEC
A. a liability or an expense B. an expenditure or an income C. an asset or an expense D. an income Correct Answer: Option B B. an expenditure or an income
by Sunday | Mar 20 | Accounting WAEC
A. paying wages by cash B. equipment purchased by cheque C. drawing by cheque D. purchase on credit Correct Answer: Option C C. drawing by cheque
by Sunday | Mar 20 | Accounting WAEC
A. it has columns for debit and credit balances B. total of debit balance equals total of credit balance C. it is a statement D. it is an account Correct Answer: Option D D. it is an account
by Sunday | Mar 20 | Accounting WAEC
A. contra entry B. bank reconciliation C. self-balancing ledger D. reversal entry Correct Answer: Option A A. contra entry