1990
Use the following information to answer the given question:SALES LEDGER CONTROL ACCOUNTS:\(\begin{array}{c|c} & N & & N \\ \hline \text{Balance b/d} & ? & \text{Discount allowed} & 968 \\ \text{sa…
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1990 WAEC SSCE Accounts Past Questions
1990
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Stock at 1st Jan. 1901} & 6,500 \\ \text{Stock at 31st Dec. 1901} & 5,500 \\ \text{Creditors at 1st Jan. 190…
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1990
Which of the these entries is wrong?PURCHASES ACCOUNT:\(\begin{array}{c|c} & N & & N \\ \hline \text{A. Balance b/f} & 130 & \text{E. Balance c/d} & 1,030 \\ \text{B.Furniture} & 300 & &am…
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1990
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade discount %} & \text{Cash Discount %} & \text{Te…
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1990
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade discount %} & \text{Cash Discount %} & \text{Te…
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1990
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade discount %} & \text{Cash Discount %} & \text{Te…
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1990
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade discount %} & \text{Cash Discount %} & \text{Te…
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1990
motor car costing ₦10,000 was depreciated at 20 per cent anuum by the diminishing balance method. Two years late, it was sold for ₦6,000. The net result of the sale was
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1990
The straight-line depreciation is
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1990
When precision for depreciation account is maintained, the annual charge for depreciation shall be
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1990
What are the entries of posting credit purchases into the purchases ledger control account?
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1990
The balance of the sales account is transferred to the trading account by
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1990
Commission received is entered on the
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1990
The salary of a shop keeper who sells goods would be charged in the
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1990
Stock is ₦200 at start, and ₦320 at close purchases ₦2,055 and sales ₦3,189. The value of goods available for sale will be
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1990
Stock is ₦200 at start, and ₦320 at close purchases ₦2,055 and sales ₦3,189. Find the cost of goods sold
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1990
Carriage inwards is shown on the
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1990
A balance of ₦102 on waged account was transferred as ₦120. This is error of
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1990
Which of the following will not affect the agreement of the rial balance? i. compensating error ii. debiting an item instead of crediting it iii. making only a single entry
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1990
Which of the following belongs to the Nominal Ledger?
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