Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now

Accounts - Principles of Accounts 2013 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 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
21
Cash receipts and payments involving discounts are entered in
  • A. three-column cash book
  • B. two-column cash book
  • C. analytical cash book
  • D. petty cash book
View Answer & Discuss WAEC 2013
22

The minimum number of persons required to form a partnership business is

  • A. 2
  • B. 3
  • C. 5
  • D. 10
View Answer & Discuss WAEC 2013
23

Which of the following accounts has credit balance?

  • A. return inwards account
  • B. machinery account
  • C. sales account
  • D. cash account
View Answer & Discuss WAEC 2013
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
24

The accounting principle that states that, In the preparation of account statements, revenues are recognized as soon as goods is passed on to the customer is the

  • A. materiality conccept
  • B. matching concept
  • C. constitiency concept
  • D. realization concept
View Answer & Discuss WAEC 2013
25

Agreement between partners is contained in the partnership

  • A. act
  • B. deeds
  • C. accord
  • D. deal
View Answer & Discuss WAEC 2013
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now