2006
Use the following information to answer the given question:\(\begin{array}{c|c} & \text{D} \\ \hline \text{Rent accrued 1st January, 2005} & 600\\ \text{Rent paid in 2005} & 11,300\\ \text{Rent prepaid 31st D…
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2006 WAEC SSCE Accounts Past Questions
2006
Use the following information to answer the given question:\(\begin{array}{c|c} & \text{D} \\ \hline \text{Rent accrued 1st January, 2005} & 600\\ \text{Rent paid in 2005} & 11,300\\ \text{Rent prepaid 31st D…
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2006
Which of the following is not a purpose for preparing departmental accounts? To
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2006
Use the following information to answer the given question:\(\begin{array}{c|c} & \text{D} \\ \hline \text{Balance as peer cash book} & 8,400\\ \text{Banking charges} & 300 \\ \text{standing order paid} &…
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2006
Which of the following is a journal as well as an account?
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2006
Where the head office maintains all books of account, goods sent to branch is credited to
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2006
Which of the following columns of a three column cash book are memoranda? i. Discount ii. Discount allowed iii. Cash iv. Bank
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2006
The amount allowed off the cost price of an article to stimulate patronage is
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2006
Which of the following is not a revenue expenditure?
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2006
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Motor vehicles(at cost) 1/1/2002} & N1,000,000\\ \text{Addition to motor vehicles 1/7/2003} & N600,000 \\ \text{Depreciation r…
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2006
Use the following information to answer the given question:\(\begin{array}{c|c} \text{Motor vehicles(at cost) 1/1/2002} & N1,000,000\\ \text{Addition to motor vehicles 1/7/2003} & N600,000 \\ \text{Depreciation r…
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2006
Which of the following is not a debit item in a creditor's control account?
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2006
Which of the following is charged to trading account?
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2006
Control accounts are also known as
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2006
A set of instruments fed into a computer for accomplishing a given task is a/an
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2006
Use the information to answer the given question:\(\begin{array}{c|c} & \text{D} \\ \hline \text{Opening stock: raw materials} & 10,000\\ \text{work-in-progress} & 16,000\\ \text{Purchases of raw materials} &…
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2006
In a system of incomplete records, the opening capital is determined by preparing
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2006
Which of the following is not used in solving problems of incomplete records?
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2006
"A business unit is assumed to operate into foreseeable future and earn reasonable net income". This statement is emphasized by the concept of
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2006
Revenue is recognized in the profit and loss account as soon as a
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