Accounts - Principles of Accounts

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Past Questions

Year1997
Exam TypeWAEC
Question 36
waec 1997
a

N24,000

b

N23,000

c

N20,000

d

N15,000

e

N8,000

Question 37
waec 1997
a

N4,000

b

N3,000

c

N2,000

d

N1,6000

e

N1,000

Question 38
waec 1997
a

discount

b

reserve

c

premium

d

loss

e

goodwill

Question 39
waec 1997
a

Branch Adjustment Account

b

Goods sent to Branch Accout

c

Branch Stock Account

d

Branch Debtors Account

e

Branch Returns Account

Question 40
waec 1997
a

Receipt from sales of goods

b

Rent from premises sublet

c

Interest on savings account

d

cash on sale of fixed asset

e

Receipt from trade debtors

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