by Sunday | Mar 19 | Accounting WAEC
A. Fixed deposit B. Mortgage C. Bond D. Debenture Correct Answer: Option B B. Mortgage Explanation Some common uses of company seals include: – Company resolutions – Important Contracts and Deeds – Property transfer (landed in most cases) and execution of land...
by Sunday | Mar 19 | Accounting WAEC
A. Liquid assets B. Fixed assets C. Intangible assets D. Tangible assets Correct Answer: Option A Explanation Liquid assets are assets that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts...
by Sunday | Mar 19 | Accounting WAEC
A. Bonus B. Goodwill C. Net profit D. Premium Correct Answer: Option B B. Goodwill Explanation When buying or selling a business, goodwill represents the value of the business that is above and beyond the worth of separately identifiable tangible business assets....
by Sunday | Mar 19 | Accounting WAEC
A. Discount received B. Electricity C. Carriage inwards D. Carriage outwards Correct Answer: Option D D. Carriage outwards Explanation The following are expenses which can be apportioned between departments based on sales * Salesman’s commission * Discount...
by Sunday | Mar 19 | Accounting WAEC
A. Debited to discounts received account B. Credited to discounts received account C. Debited to discounts allowed account D. Credited to discount allowed account Correct Answer: Option B B. Credited to discounts received account Explanation The total of discount...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.