1989
Use the following information to answer the given question:MANUFACTURING AND TRADING ACCOUNTS:\(\begin{array}{c|c} & N & & N \\ \hline \text{Opening raw material} & 10,000 & \text{Manufacturing cost}…
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1989 WAEC SSCE Accounts Past Questions
1989
Use the following information to answer the given question:MANUFACTURING AND TRADING ACCOUNTS:\(\begin{array}{c|c} & N & & N \\ \hline \text{Opening raw material} & 10,000 & \text{Manufacturing cost}…
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1989
Use the following information to answer the given question: Issued capital.................100,000Ordinary shares................40,000Preference shares..............30,000Reserves.......................10,000Debentures.…
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1989
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNT:\(\begin{array}{c|c} 1986 & & N & 1986 & & N \\ \hline Jan. 1 & \text{Balance b/d} & 1,300 & Jan.1 &…
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1989
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNT:\(\begin{array}{c|c} 1986 & & N & 1986 & & N \\ \hline Jan. 1 & \text{Balance b/d} & 1,300 & Jan.1 &…
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1989
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNT:\(\begin{array}{c|c} 1986 & & N & 1986 & & N \\ \hline Jan. 1 & \text{Balance b/d} & 1,300 & Jan.1 &…
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1989
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNT:\(\begin{array}{c|c} 1986 & & N & 1986 & & N \\ \hline Jan. 1 & \text{Balance b/d} & 1,300 & Jan.1 &…
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1989
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNT:\(\begin{array}{c|c} 1986 & & N & 1986 & & N \\ \hline Jan. 1 & \text{Balance b/d} & 1,300 & Jan.1 &…
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1989
Which of the following does not belong to the group?
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1989
a subsidiary record is a book
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1989
The term bad debt means
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1989
Factory cost consists of
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1989
A machine cost ₦12,000 and has a useful life of 4 years and an expected disposal value of ₦400. The accumulated depreciation at the end of the year 3 using the straight line method is
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1989
A machine cost ₦12,000 and has a useful life of 4 years and an expected disposal value of ₦400. Using the reducing balance method, what us the net book value at the end of the year 2? (ignoring residual value)
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1989
A machine cost ₦12,000 and has a useful life of 4 years and an expected disposal value of ₦400.Using the reducing balance method what will be the depreciation charge for year 2 at 20%? (ignoring residual value)
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1989
A machine cost ₦12,000 and has a useful life of 4 years and an expected disposal value of ₦400. Using the straight line method, the annual depreciation is
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1989
Which of the following may cause depreciation? i. wear and tear ii. obsolescence and passage of time iii. fluctuation
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1989
Which of the following is not true of capital expenditure? i. assets acquired for the purpose of earning income ii. extension of office building iii. it is incurred and its full benefits consumed in one period of a…
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1989
Pending the location of error, the difference disclosed in the trial balance is normally posted to
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1989
Trade discount is
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