2018
Use the following information to answer the question belowN Net profit -------------------------17,460 Capital account: Taiwo--------50,000 Obi----------40,000 Drawings Account: Taiwo----12,000…
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2018 WAEC SSCE Accounts Past Questions
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2018
Use the following information to answer the question that followsReceipt and payments: 31st December2016Cash at bank------460 New equipment------200 Subscriptions-----520 Cleaner's wage-----540 Donations--------- 5…
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2018
Use the following information to answer the question that followsReceipt and payments: 31st December2016Cash at bank------460 New equipment------200 Subscriptions-----520 Cleaner's wage-----540 Donations--------- 5…
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2018
An event that will not require a change in the profit-sharing ratio of partnersin a firm is when
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2018
The parties who are paid last in the event of winding-up are
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2018
The excess of assets over liabilities in a not for profit organization is--------------
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2018
Use the following information toanswer the question below 01/01/2016 31/12/2016 Trade debtors-------80,000 100,000 Trade creditors-----30,000 40,000 Stock-----------------70,000 90,000Cheques…
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2018
Use the following information toanswer the question below 01/01/2016 31/12/2016 Trade debtors-------80,000 100,000 Trade creditors-----30,000 40,000 Stock-----------------70,000 90,000Cheques…
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2018
The balance on the sales ledger control account at the end of the accounting year representsa total.........
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2018
Use the following information to answer the question that follows N Direct material used-----------------64,000 Direct labour--------------------------30,000 Production overheads--------------22…
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2018
Use the following information to answer the question that follows N Direct material used-----------------64,000 Direct labour--------------------------30,000 Production overheads--------------22…
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2018
One of the components of factory overhead is............
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2018
In a manufacturing account, royalties paid
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2018
A credit entry is made in the plant and machinery account for the ......................
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2018
A fall in the value of a fixed asset due to technological changes is described as?
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2018
The amount set aside out of profits to strengthen the financial position of the business is
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2018
Use the information below to answer the question that followsSales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock------20,000The gross profit or loss is?
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2018
Use the information below to answer the question that followsSales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock------20,000The cost of goods sold is-----------
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2018
The wages of an office cleaner is classified as
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2018
Cost of goods sold is calculated as...................
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