by Sunday | Mar 19 | Accounting WAEC
A. Real account B. Personal account C. Nominal account D. Profit and loss account Correct Answer: Option C C. Nominal account Explanation In accounting, nominal accounts are the general ledger accounts that are closed at the end of each accounting year. As a result,...
by Sunday | Mar 19 | Accounting WAEC
A. Credit sales account and debit cash account B. Credit plant and machinery account and debit Wilson’s account C. Credit sales account and debit Wilson’s Account D. Credit plant and machinery account and debit cash account Correct Answer: Option C B....
by Sunday | Mar 19 | Accounting WAEC
A. Sales journal B. Purchases account C. Cash account D. Return inwards journal Correct Answer: Option B B. Purchases account Explanation Books of original entry: refers to the accounting journals in which business transactions are initially recorded. They include;...
by Sunday | Mar 19 | Accounting WAEC
A. debtors account, credit sales account B. creditors account, credit sales account C. sales account, credit debtors account D. sales account, credit creditors account Correct Answer: Option A A. debtors account, credit sales account Explanation Accounting and journal...
by Sunday | Mar 19 | Accounting WAEC
A. Plant account B. Salaries account C. Creditors account D. Trading account Correct Answer: Option B B. Salaries account Explanation Examples of real accounts are: Cash. Accounts receivable. Fixed assets. Accounts payable. Retained...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.