by Sunday | Mar 19 | Accounting WAEC
A. Debited to returns outward account B. Credited to returns outwards account C. Debited to returns inwards account D. Credited to returns inwards account Correct Answer: Option B B. Credited to returns outwards account Explanation When merchandise purchased for cash...
by Sunday | Mar 19 | Accounting WAEC
A. Asset Account, Crediting Cash Account B. Cash Account, Crediting Asset Account C. Purchase of Business Account, Crediting Sale of Business Account D. Asset Account, Crediting Purchase of Business Account Correct Answer: Option A A. Asset Account, Crediting Cash...
by Sunday | Mar 19 | Accounting WAEC
A. Purchases Account B. Cash Book C. Sales Journal D. Purchases Journal Correct Answer: Option A A. Purchases Account Explanation Purchases account: The purchases account is a general ledger account in which is recorded the inventory purchases of a business. This...
by Sunday | Mar 19 | Accounting WAEC
A. Closing Capital – Drawings – Capital Introduced B. Opening Capital + Drawings – Closing Capital C. Closing Capital + Opening Capital – Drawings D. Closing Capital + Drawings – Opening Capital Correct Answer: Option C C. Closing Capital...
by Sunday | Mar 19 | Accounting WAEC
A. Affordability B. Timeliness C. Accuracy D. Completeness Correct Answer: Option A A. Affordability Explanation Relevance: information makes a difference in decision making Reliability: information is verifiable, factual, and neutral Comparability: information can be...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.