2000
Profit expressed as a fraction of the selling price is known as
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2000 WAEC SSCE Accounts Past Questions
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2000
In computing, external storage is called
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2000
Rent owing as at 31st December 1998, ₦800. Rent paid up to 31st December 1998, ₦1,700. Rent owing as at 1st January 1998, ₦500. The closing balance for 1998 is an item under
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2000
Rent owing as at 31st December 1998, ₦800. Rent paid up to 31st December 1998, ₦1,700. Rent owing as at 1st January 1998, ₦500. Rent charged to the profit and loss account for the year 1998 is
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2000
When a buyer is undercharged, the seller forwards
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2000
Prepaid rent of ₦650 had been recorded as ₦560. This is an error of
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2000
Gross Profit of a business is the
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2000
Expenses incurred when incorporating a company are
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2000
The entries necessary for recording profit loading on goods sent to branch are
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2000
XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares of ₦1 each at a discount of 5%. The assets of ABC Enterprises are stock ₦18,000. Debtors ₦11,000. Capital reserve was
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2000
XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares of ₦1 each at a discount of 5%. The assets of ABC Enterprises are stock ₦18,000. Debtors ₦11,000. The purchase consideration was
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2000
Closing stock was overstated. The effect is that
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2000
When goods are purchased on account, the accounting entries are
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2000
The ratio which measures the solvency of a firm is the
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2000
A partner who has full power of participating in the conduct of a partnership business is a
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2000
In a bonus issue of one new share for every four held, a holder of 100,000 shares will get additional shares of
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2000
Williams and Jacob are in partnership but there is no partnership agreement. The capital contributed are ₦60,000 and ₦40,000 respectively. Profit for the year is ₦20,000. Interest on capital is 10%. What is Williams' int…
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2000
Williams and Jacob are in partnership but there is no partnership agreement. The capital contributed are ₦60,000 and ₦40,000 respectively. Profit for the year is ₦20,000. Interest on capital is 10%. If Williams introduce…
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2000
Williams and Jacob are in partnership but there is no partnership agreement. The capital contributed are ₦60,000 and ₦40,000 respectively. Profit for the year is ₦20,000. Interest on capital is 10%. What is Jacob's share…
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