2020
Doe and Sons Limited would enter the 3% discount in the
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2020 WAEC SSCE Accounts Past Questions
2020
Kwamenah bought goods worth Le 50,000 from Doe and Sons Limited on the following terms: 3% trade discount: 10% cash discount. Kwamenah returned defective goods worth Le 8,000 the next day and made payment for the remaini…
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2020
Kwamenah bought goods worth Le 50,000 from Doe and Sons Limited on the following terms: 3% trade discount: 10% cash discount. Kwamenah returned defective goods worth Le 8,000 the next day and made payment for the remaini…
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2020
Items shown in the manufacturing account include i. Purchases of raw materials ii. Purchases of finished goods iii. Carriage inwards iv. Carriage outwards
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2020
Use the following information to answer the questions belowA manufacturing company's cost of production was D 200,000.The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these…
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2020
Use the following information to answer the questions belowA manufacturing company's cost of production was D 200,000.The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these…
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2020
The cost incurred on goods purchased for production which can be traced to a particular unit is classified as
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2020
A non-cash expense chargeable against profit and loss account is
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2020
Debtors and credit sales for a period are D 120,00 and D 600,00 respectively. The debtor's payment period would be
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2020
Eze introduces his private car into his business. The aspect of the accounting equation of the business that would be affected are
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2020
The accountingconcept which distinguishes an enterprise from its owners is
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2020
A trader adds 25% on cost as profit. The profit on sales of $300,000 would be
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2020
The purpose of preparing a trading account is to ascertain
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2020
Recognition of profit when goods are sold and the buyer takes ownership of them is in line with
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2020
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bub…
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2020
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bub…
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2020
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bub…
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2020
A total of D 9,160 was entered in the sales account as D9,610. To correct this error: debit
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2020
A debit balance of N420 on the purchases ledger control account means that the
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2020
The document which serves as the authority to incur expenditure in the public sector is
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