by Sunday | Mar 20 | Accounting WAEC
A. carriage inwards B. carriage outwards C. discounts allowed D. discounts received Correct Answer: Option D D. discounts received Explanation Discount received appears as a credit on the Profit and Loss Account. Basically, the cash discount received journal entry is...
by Sunday | Mar 20 | Accounting WAEC
A. petty cashier pays all expenses B. petty cashier pays money to the accountant C. petty cashier regularly begins each period with the same amount of money D. main cashier accounts to the petty cashier for some experiences made by him Correct Answer: Option C C....
by Sunday | Mar 20 | Accounting WAEC
A. purchase ledger B. general ledger C. nominal ledger D. sales ledger Correct Answer: Option A A. purchase ledger Explanation A bought ledger is a system in accounting by which a business records and monitors its creditors. The purchase ledger contains the individual...
by Sunday | Mar 20 | Accounting WAEC
A. debt note B. credit note C. invoice D. receipt Correct Answer: Option C C. invoice Explanation An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices...
by Sunday | Mar 19 | Accounting WAEC
A. Quality of input data B. Time of processing C. Speed of processing D. Quantity of output service Correct Answer: Option A A. Quality of input data Explanation The output is an instant reaction to the input. The value derived from output depends on the quality of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.