2003 WAEC SSCE Accounts Past Questions

2003

Rent Payable Account is an example of a

2003

The art of recording transactions in books of account is known as

2003

Which of the following has multiple uses?

2003

The purchase of a typewriter for office use was debited to purchases Account. This is an error of

2003

Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \text{Balance as per cash book} & 18,000\\ \text{Dishonored cheques} & 1,200\\ \text{Bank charged} & 300\\ \text{Unpr…

2003

Which of the following is a real account item?

2003

Which of the following transactions is posted to the nominal ledger?

2003

Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Balance as per cash book} & 18,000\\ \text{Dishonored cheques} & 1,200 \\ \text{Bank charged} & 300 \\ \…

2003

Which of the following is not a source document?

2003

Which of the following items is found in the credit column of the trial balance?

2003

Debtors value as at 1st January 2000 was ₦40,000. Bad debts written off during the year was ₦5,000 provision for bad debt was 5%. The amount debited to profit and loss account as provision for the year was

2003

Which of the following errors would affect the agreement of the agreement of the trial balance totals?

2003

A fixed asset was bought for ₦60,000 on 1st January, 1997. Depreciation was provided at 10% on cost. It was bought for ₦16,000 on 30th June, 2001. The net book value at the time of sale was

2003

A fixed asset was bought for ₦60,000 on 1st January, 1997. Depreciation was provided at 10% on cost. It was bought for ₦16,000 on 30th June, 2001.The profit or loss on sale was

2003

In which ledger is the account of yao, a debtor found?

2003

In which of the following is purchase of fixed assets on credit first recorders?

2003

Which of the following source documents is used for recording goods and returned to suppliers?

2003

The opening balance of debtors is ₦100,000 and that of provision for doubtful debts is ₦1,000. If provision is to at \(\frac{1}{2}\)% of debtors, how much would be charged in the profit and loss account?

2003

Use the following information to answer question:\(\begin{array}{c|c} & N\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 130,000\\ \text{Closing stocks} & 32,000 \\ \text{sales} & 180,000…

2003

Use the following information to answer question:\(\begin{array}{c|c} & N\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 130,000\\ \text{Closing stocks} & 32,000 \\ \text{sales} & 180,000…

1 2 3

2003 WAEC SSCE Accounts Past Questions

Rent Payable Account is an example of a

The art of recording transactions in books of account is known as

Which of the following has multiple uses?

The purchase of a typewriter for office use was debited to purchases Account. This is an error of

Use the following information to answer the given question:\(\begin{array}{c|c} &amp; N \\ \text{Balance as per cash book} &amp; 18,000\\ \text{Dishonored cheques} &amp; 1,200\\ \text{Bank charged} &amp; 300\\ \text{Unpr…

Which of the following is a real account item?

Which of the following transactions is posted to the nominal ledger?

Use the following information to answer the given question:\(\begin{array}{c|c} &amp; N \\ \hline \text{Balance as per cash book} &amp; 18,000\\ \text{Dishonored cheques} &amp; 1,200 \\ \text{Bank charged} &amp; 300 \\ \…

Which of the following is not a source document?

Which of the following items is found in the credit column of the trial balance?

Debtors value as at 1st January 2000 was ₦40,000. Bad debts written off during the year was ₦5,000 provision for bad debt was 5%. The amount debited to profit and loss account as provision for the year was

Which of the following errors would affect the agreement of the agreement of the trial balance totals?

A fixed asset was bought for ₦60,000 on 1st January, 1997. Depreciation was provided at 10% on cost. It was bought for ₦16,000 on 30th June, 2001. The net book value at the time of sale was

A fixed asset was bought for ₦60,000 on 1st January, 1997. Depreciation was provided at 10% on cost. It was bought for ₦16,000 on 30th June, 2001.The profit or loss on sale was

In which ledger is the account of yao, a debtor found?

In which of the following is purchase of fixed assets on credit first recorders?

Which of the following source documents is used for recording goods and returned to suppliers?

The opening balance of debtors is ₦100,000 and that of provision for doubtful debts is ₦1,000. If provision is to at \(\frac{1}{2}\)% of debtors, how much would be charged in the profit and loss account?

Use the following information to answer question:\(\begin{array}{c|c} &amp; N\\ \hline \text{Opening stock} &amp; 40,000\\ \text{Purchases} &amp; 130,000\\ \text{Closing stocks} &amp; 32,000 \\ \text{sales} &amp; 180,000…

Use the following information to answer question:\(\begin{array}{c|c} &amp; N\\ \hline \text{Opening stock} &amp; 40,000\\ \text{Purchases} &amp; 130,000\\ \text{Closing stocks} &amp; 32,000 \\ \text{sales} &amp; 180,000…

Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \text{Balance as per cash book} & 18,000\\ \text{Dishonored cheques} & 1,200\\ \text{Bank charged} & 300\\ \text{Unpr…

Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Balance as per cash book} & 18,000\\ \text{Dishonored cheques} & 1,200 \\ \text{Bank charged} & 300 \\ \…

Use the following information to answer question:\(\begin{array}{c|c} & N\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 130,000\\ \text{Closing stocks} & 32,000 \\ \text{sales} & 180,000…

Use the following information to answer question:\(\begin{array}{c|c} & N\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 130,000\\ \text{Closing stocks} & 32,000 \\ \text{sales} & 180,000…