Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent

Accounts - Principles of Accounts 2012 WAEC Past Questions

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

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
16

Which of the following is not prepared by a partnership?

  • A. trading account
  • B. profit and loss account
  • C. income and expenditure account
  • D. profit and loss appropriation account
View Answer & Discuss WAEC 2012
17

A partner who only make capital contribution but does not take part in the management of the partnership business is a/an

  • A. ordinary partner
  • B. limited partner
  • C. dormant partner
  • D. nominal partner
View Answer & Discuss (1) WAEC 2012
18

which of the following is a component of prime cost?

  • A. depreciation
  • B. royalty
  • C. factory rent
  • D. factory electricity
View Answer & Discuss (4) WAEC 2012
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
19

The concept which establishes the rule for the periodic recognition of revenue as soon as it is capable of objective measurement is

  • A. going concern
  • B. entity
  • C. consistency
  • D. realization
View Answer & Discuss WAEC 2012
20

Rent accrued in 2009 was D140, in 2010, D900 was paid while D160 was outstanding. Rent for 2010 was

  • A. D1,200
  • B. D1,060
  • C. D920
  • D. D880
View Answer & Discuss (1) WAEC 2012
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - 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
Post UTME Past Questions Agent