by Sunday | Mar 19 | Accounting WAEC
A. Business entity B. Going concern C. Consistency D. Duality Correct Answer: Option B B. Going concern Explanation The going concern concept of accounting implies that the business entity will continue its operations in the future and will not liquidate or be forced...
by Sunday | Mar 19 | Accounting WAEC
A. Materiality B. Accrual C. Going concern D. Business Entity Correct Answer: Option A A. Materiality Explanation In accounting, the concept of materiality allows you to violate another accounting principle if the amount is so small that the reader of the financial...
by Sunday | Mar 19 | Accounting WAEC
A. Current liability B. Current asset C. Tangible asset D. Long term liability Correct Answer: Option B B. Current asset Explanation Outstanding Subscription (subscription owing) It is that amount of Subscription which has been due from Previous year(s) and still...
by Sunday | Mar 19 | Accounting WAEC
A. Profit of a period B. Quality of labour force C. Credit worthiness D. Value of assets Correct Answer: Option B B. Quality of labour force Explanation Accounting records include records of assets and liabilities, monetary transactions, ledgers, journals and any...
by Sunday | Mar 19 | Accounting WAEC
A. Credit side of the returns outwards book B. Debit side of the returns outwards account C. Debit side of the purchases returns book D. Credit side of the returns outwards account Correct Answer: Option D D. Credit side of the returns outwards account Explanation...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.