by Sunday | Mar 19 | Accounting WAEC
I. A cheque paid to Adam debited to Adam’s account. II. Credit sales to Eva credited to sales account but debited to Eve’s account. III. Furniture repairs debited to furniture account. IV. Credit purchases from Manu credited to Manu’s account. A. I...
by Sunday | Mar 19 | Accounting WAEC
I. Investment II. Creditors III. Premises IV. Debtors V. Salaries A. I, III and IV B. I, III and V C. II and IV D. III and V Correct Answer: Option D D. III and V Explanation impersonal account: any account other than a personal account, being classified as either a...
by Sunday | Mar 19 | Accounting WAEC
A. a non-monetary value B. tangible and intangible qualities C. monetary cost and future benefit D. an inadequate monetary value Correct Answer: Option B B. tangible and intangible qualities Explanation Tangible assets are physical in nature that can be either...
by Sunday | Mar 19 | Accounting WAEC
A. employees B. management C. bankers D. directors Correct Answer: Option C C. bankers Explanation External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers,...
by Sunday | Jan 10 | Accounting WAEC
A sent B a cheque for ₦2000 to provide him with friends. They agreed to share profits in ratio 3 : 2 and settlement is by cheque. A B # # Sales 3200 2100 Advert 327 463 Wages 85 70 Purchases 1600 1100 A. ₦1000 B. ₦900 C. ₦993 D. ₦883 Correct Answer: Option C C....
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.