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Accounts - Principles of Accounts Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1121
A medium of imputing data into the computer is through the use of the
  • A. keyboard
  • B. monitor
  • C. software
  • D. hardware
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1122
Which of the following is debited to partner's current account?
  • A. capital
  • B. interest on capital
  • C. drawings
  • D. share of profit
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1123
Abu, a debtor to Dania, owed ₦10,500 at the start of the month. He paid cash of ₦40,005 during the month and received additional credit sales of ₦20,000.Using the information, In Dania's books, to record the payment of ₦30,505 cr.40,005 by Abu
  • A. debit cash account, credit Abu's account
  • B. debit Abu's account, credit cash account
  • C. debit cash account, credit sales account
  • D. debit sales account, credit cash account,
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1124
Abu, a debtor to Dania, owed ₦10,500 at the start of the month. He paid cash of ₦40,005 during the month and received additional credit sales of ₦20,000.Using the information, Abu's balance at the end of the month is
  • A. ₦30,505 cr.
  • B. ₦9,505 cr.
  • C. ₦9,505 dr.
  • D. ₦30,500 dr.
View Answer & Discuss WAEC 2009
1125
A debenture holder is a
  • A. creditor
  • B. promoter
  • C. debtor
  • D. shareholder
View Answer & Discuss WAEC 2009
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