1997
Use the following information to answer the given question. The Receipts and Payments Account of Acada Club for the year ended 31st December, 1995 is as follows:\(\begin{array}{c|c} & N & & N \\ \hline \text{…
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1997 WAEC SSCE Accounts Past Questions
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1997
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Opening stock} & \text{- Footwears Department} & N800 \\ & \text{- Stationary Department} & N600 \\ Purchases & \t…
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1997
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Opening stock} & \text{- Footwears Department} & N800 \\ & \text{- Stationary Department} & N600 \\ Purchases & \t…
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1997
Use the following information to answer the given question:Kudi Local Government Council incurred the following expenditure in 1995:\(\begin{array}{c|c} & N \\ \hline \text{Payment of salaries} & 140,000 \\ \text…
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1997
Use the following to answer the given question:Creditors Control Account:\(\begin{array}{c|c} & & & \text{N} \\ \hline Bank & \text{"X"} & \text{Balance b/d} & 1,200 \\ Discount & 30 &…
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1997
Use the following to answer the given question:Creditors Control Account: \(\begin{array}{c|c} & & & N \\ \hline Bank & \text{"X"} & \text{Balanxe b/d} & 1,200 \\ Discount & 30 & \text{"Y"…
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1997
Use the following to answer the given question:Creditors Control Account: \(\begin{array}{c|c} & & & N \\ \hline Bank & \text{"X"} & \text{Balance b/d} & 1,200 \\ Discount & 30 & \text{"Y"…
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1997
Which of the following is not a revenue receipt?
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1997
Which of the following serves the same purpose as a Trading Account?
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1997
When a share is sold for less than its nominal value, the difference is called
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1997
Use the following information to answer this questionA business whose assets consisted of stock ₦15,000 and debtors ₦8,000 was bought by issuing 20,000 ordinary shares of ₦1 each at a premium of 20 percent.The amount of…
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1997
Use the following information to answer this questionA business whose assets consisted of stock ₦15,000 and debtors ₦8,000 was bought by issuing 20,000 ordinary shares of ₦1 each at a premium of 20 percent.The purchase c…
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1997
Which of the following is a factory overhead?
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1997
Rent receivable is a
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1997
Where there are no proper books of account , the capital at the commencement of a period is ascertained by preparing
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1997
Which of the following best described the path of a transaction?
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1997
The amount of a company's profit given to a shareholder is known as
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1997
The person who is responsible for the formation of a company is called the
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1997
The amount for which a business is sold is known as
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1997
An expense becomes an accrual because it
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