Accounts - Principles of Accounts

Quick Links

                      
                

Past Questions

Question 3001
waec 2018
a

ensuring that all expenses are matched against revenue

b

reducing cost

c

comparability of accounting records

d

suppressing profits to be declared

Question 3002
waec 2018
a

realization concept

a

going concern concept

b

matching concept

c

periodically concept

Question 3003
waec 2018
a

opening stock+ purchase - closing

b

opening stock + sales - closing stock

c

opening stock + purchase + closing stock

d

opening stock + sales + closing stock

Question 3004
waec 2018
a

direct labour cost

b

direct expenses

c

factory overhead

d

administrative overhead

Question 3005
waec 2018
a

Le 120,000

b

Le 110,000

c

Le 90,000

d

Le 30,000

Take a test