1995 WAEC SSCE Accounts Past Questions

1995

In the consignee's record account, the accounting treatment of expenses paid for on behalf of the consignor is debit

1995

Which of the following does a consignee prepare and send to his consignor?

1995

The aggregate of amounts owed to a business by is customers is known as

1995

The maximum amount which a company can raise by way of selling share is

1995

A fund established for the payment of minor expenses is

1995

Which of the following are on the bank statement before reconciliation? i. standing order ii. payment to a creditor iii. receipt from a debtor iv. uncredited cheque v. unpresented cheque

1995

When a business is purchased, the double entries required in the purchaser's book are debit,

1995

The financial plan of the government for a year is contained in the

1995

Which of the following is not a cause discrepancy between cash book and bank statement balances?

1995

Provision for depreciation on office furniture is charged to

1995

A list of balance extracted from the ledger is known as

1995

Credit sales were debited to A. Akpan instead of B. Akpan. This is an error of

1995

The undistributed profits of a limited liability company is

1995

Working capital is measured by the excess of

1995

Which of the following is an example of Personal Accounts?

1995

Subscription in advance is an example of

1995

The accounting entries required for increase in provision for doubtful debts are

1995

If incorrect entries on the debit side equal other incorrect entries on the credit side, the error is that of

1995

Which of the following is not a debit entry on a sales ledger control account?

1995

The reward given to a debenture holder is called

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