2022
a. Ade, a trader had the following balances in the creditors ledger on October 31, 2020. GH⊄Kristy4200Erica8700 b. Ade, a trader had the following balances in the creditors ledger on October 31, 2020. GH⊄Kristy4200Eri…
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2022 WAEC SSCE Accounts Past Questions
2022
a. Omuga District Council made the following payments for 2020. HeadsParticularsAmount (D)20011Construction of market stalls100,00020021Maintenance of roads30,00020031Construction of health centre120,00020041Repair of v…
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2022
a. The authorized and issued share capital of Ozideli Limited comprised 400,000 ordinary shares of Le 1 each and 100,000 8% preference shares of Le 1 each. The trial balance at the end of the year was as follows: Trial B…
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2022
a. The summary of the Receipts and Payments of the Adamfo Social Club for the year ended 31st December 2019 is as follows: $Receipts: Subscriptions4000Sale of competition tickets800Donations300Refund of rent1000Payment…
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2022
a. The cash book of Dupe Enterprises showed an overdrawn balance of #216,126 and her bank statement also showed #905,625 overdrawn. On 31/12/2016, a detailed examination of the records showed the following differences: (…
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2022
a. List three accounts prepared by the head office for the branchb. Explain two methods of accounting for goods sent to branchc. State four reasons for preparing departmental accounts
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2022
a i. Explain the following terms:Accumulated Funda ii. Explain the following terms:Statement of Affairsb. List five sources of income for a not-for-making organizationc. State three differences between Receipts and Payme…
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2022
a. What is goodwill?b. List four items of recurrent expenditure for a local governmentc. Explain the three types of inventory in manufacturing account
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2022
a. Identify three books of account from which entries are made into control accountsb. State two uses of control accountsc i. List four items each which would be recorded on the debit side of:Purchases Ledger Control Acc…
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2022
Items shown in the balance sheet as asset includes
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2022
Subscription in advance is treated in the balance sheet under
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2022
A set of rules and procedures guiding the operations of a partnership is called partnership
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2022
Use the following information to answer belowGH⊄Sales200000Purchase170000Opening stock40000Closing stock50000 Stock turnover ratio is
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2022
Use the following information to answer belowGH⊄Sales200000Purchase170000Opening stock40000Closing stock50000 The gross profit percentage is
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2022
Use the following information to answeer questions below Kako Ltd bought a machine for D 1,200,000 on 1st January 2018. Depreciation was provided annually at a rate of 10% using the diminishing balance method. The machin…
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2022
Use the following information to answeer questions below Kako Ltd bought a machine for D 1,200,000 on 1st January 2018. Depreciation was provided annually at a rate of 10% using the diminishing balance method. The machin…
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2022
Use the following information to answeer questions below Kako Ltd bought a machine for D 1,200,000 on 1st January 2018. Depreciation was provided annually at a rate of 10% using the diminishing balance method. The machin…
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2022
One of the items on the debit side of sales ledger control account is
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2022
Use the following information to answer questions below Trading Account of Umeh Enterprises for the year ended 31st December 2019GH⊄GH⊄Opening stock10000Sales200000Purchases120000Less:(4000)130000196000Closing stock(2280…
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2022
Use the following information to answer questions below Trading Account of Umeh Enterprises for the year ended 31st December 2019GH⊄GH⊄Opening stock10000Sales200000Purchases120000Less:(4000)130000196000Closing stock(2280…
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