by Sunday | Mar 20 | Accounting WAEC
i. Sandison’s account (a debtor) ii. Motor vehicle account iii. Sales account iv. Rent and rates account A. i, ii and iii only B. i, iii and iv only C. ii, iii and iv only D. iii and iv only Correct Answer: Option D D. iii and iv only Explanation Examples of...
by Sunday | Mar 20 | Accounting WAEC
A. an acquisition of fixed asset B. an expense in its general office expense account C. part of capital in the capital account D. an acquisition of stock Correct Answer: Option D D. an acquisition of stock Explanation Since the shop is involved in the sales of...
by Sunday | Mar 20 | Accounting WAEC
A. purchase of goods B. sale of goods on credit C. returns inward D. acquisition of fixed assets Correct Answer: Option D D. acquisition of fixed assets Explanation The general ledger should include the date, description, and balance or total amount for each account....
by Sunday | Mar 20 | Accounting WAEC
A. an entry has been made on the wrong class of account B. a transaction has been completely omitted C. an entry has been made on the wrong side of the two accounts corcened D. a transaction is entered in both accounts for the wrong amount Correct Answer: Option A A....
by Sunday | Mar 20 | Accounting WAEC
A. journal proper B. petty cash book C. sales day book D. purchase day book Correct Answer: Option A A. journal proper Explanation The journal proper is in recording books with original entries used for miscellaneous credit transactions that do not fit into other...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.