2001
The accounting entries for recording cash withdrawal by the proprietor for personal use are, debit
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2001 WAEC SSCE Accounts Past Questions
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2001
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Purchases} & 45,000 \\ \text{Closing stock of raw materials}…
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2001
Which of the following is a primary source of entry into the debtors ledger?
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2001
The purchases Ledger control Account is also referred to as
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2001
Given a purchases invoice showing 5 items at ₦40,000 each less trade discount of 25% and cash discount of 10% the amount to be paid within the credit period is
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2001
The depreciation method that allocates higher value to the use of an asset in its earlier years is
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2001
What is the effect on a firm for making a payment of ₦10,000 to creditor? its liabilities
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2001
Use the following information to answer the given question:\(\begin{array}{c|c} & N\\ \hline \text{Motor Van} & 120,000\\ \text{Buildings} & 300,000 \\ \text{Stock of goods} & 40,000\end{array}\)In additi…
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2001
A business firm incurs labour cost in installing machinery. This should be treated as
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2001
Which of the following is not correct?
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2001
Purchase of goods of ₦2,000 was treated as sales and entered in the sales day book and had been carried through the account as such. This error of
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2001
Commission of ₦5,000 to a sales representative is debited to salaries account. This is an error of
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2001
Suppliers personal accounts are found in the
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2001
In which ledger is the control account prepared?
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2001
A subsidiary record is a book
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2001
Which of the following is a fictitious asset?
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2001
Which of the following explains the short term solvency of a company?
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2001
Use the following information to answer the given question:Taiwo is a sole trader who keeps his petty cash on the imprest system, the imprest amount being ₦4,000. The following transactions took place for a particular mo…
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2001
Prime cost consist of
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2001
Which of the following is not an example of a fictitious asset?
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