Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Accounts - Principles of Accounts 2010 WAEC Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
11

The balance in a sales Ledger Counter Account indicates the

  • A. difference between debtors and creditors
  • B. total sales
  • C. total purchases
  • D. total debtors
View Answer & Discuss WAEC 2010
12
A temporary difference of bank occurs in only one account with the second figure stated, this is an error of
  • A. adjustment account
  • B. suspense account
  • C. imprest account
  • D. appropriation account
View Answer & Discuss (1) WAEC 2010
13

In the preparation of bank reconciliation statement cheque are

  • A. added to the balance as per bank statement
  • B. deduced from the the balance as per bank statement
  • C. added to the balance as per bank statement
  • D. ignored totally
View Answer & Discuss (2) WAEC 2010
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
14

Which of the following is found in the general ledger?

  • A. capital account
  • B. sales accounts
  • C. loan account
  • D. drawings account
View Answer & Discuss WAEC 2010
15

Use the following information to answer the given question
\(\begin{array}{c|c} \text{1/1/06 Debtors} & D2,600\\ \text{1/1/06 Provision for bad debts} & D60\\ \text{31/12/06 New provision provision for bad debts} & \text{5% on debtors}\end{array}\)
What is the amount of the new provision for bad debts?

  • A. D130
  • B. D127
  • C. D124
  • D. D120
View Answer & Discuss WAEC 2010
Start a Free Practice Test
 
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now