Accounts - Principles of Accounts

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Past Questions

Question 3201
waec 2023
a

dual aspect concept

b

consistency concept

c

accrual concept

d

historical concept

Question 3202
waec 2023
a

dividend

b

interest

c

surplus

d

reserve

Question 3203
waec 2023
a

liabilites and capital

b

assets and liabilites

c

income and capital

d

expenses and income

Question 3204
waec 2023
a

Drawings of ₦20,000 was made

b

The opening capital of ₦40,000 was invested

c

Beauty was paid a salary of ₦90,000

d

Cash shortage of ₦30,000 was recorded

Question 3205
waec 2023
a

two or more individuals

b

only one person

c

two individuals only

d

two or more companies

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