2008
Use the following information:\(\begin{array}{c|c} & \text{Le} \\ \hline \text{Sales} & 183,400 \\ \text{Purchases} & 168000\\ \text{Opening stock} & 20,100\\ \text{Closing stock} & 48,800 \\ \text{Ca…
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2008 WAEC SSCE Accounts Past Questions
2008
A cash payment of ₦85 to Regina was entered in the books as ₦58. The entries to correct the error are: debit
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2008
Which of the following terms is not used to describe the total amount stated in the memorandum of association approved by the registrar of companies?
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2008
The purchase of furniture, an asset to the company was debited to purchases account. This is an error of
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2008
Which of the following is not an item in the appropriation account of a company?
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2008
The difference between factory cost of goods produced and its market value is
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2008
Which of the following is not a debit item in partners appropriation account?
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2008
Use the following information:\(\begin{array}{c|c} & N\\ \hline\text{Opening capital} & 60,000\\ \text{Drawings} & 4,000\\ \text{Cost of sales} & 50,000\\ \text{General expenses} & 7,000 \\ \text{Mark…
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2008
Use the following information:\(\begin{array}{c|c} & N \\\hline \text{Opening capital} & 60,000 \\ \text{Drawings} & 4,000\\ \text{Cost of sales} & 50,000\\ \text{General expenses} & 7,000 \\ \text{Ma…
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2008
Which of the following is not a debit item in a partnership appropriation account?
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2008
Which of the following is a debit entry in debtors control account?
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2008
Final accounts of a not-for-profit making organization is made up of
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2008
Tale Ltd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Both were fully paid as shown below:\(\begin{array}{c|c} & N\\ \text{Profit and loss appropriation b/f} & 10,000\\ \tex…
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2008
Which of the following is not a characteristic of a computer?
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2008
Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Both were fully paid as shown below:\(\begin{array}{c|c} & N\\ \text{Profit and loss appropriation b/f} & 10,000\\ \tex…
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2008
Returns inwards is also called
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2008
In the preparation of manufacturing accounts, prime cost plus factory overheads equal to cost of
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2008
Which of the following is the effect of an increase in the provision for discount allowed?
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2008
Which of the following concepts is exposed to hold when a proprietor makes a drawing of goods or cash from the business?
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2008
An analytical cash book is used to
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