Accounts - Principles of Accounts

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Past Questions

Question 1736
waec 1996
a

N48,000

b

N36,000

c

N36,000

d

N24,000

e

N12,000

Question 1737
waec 1996
a

reduced by N15,750

b

increased by N15,750

c

reduced by N12,000

d

increased by N2,250

e

reduced by N2,250

Question 1738
waec 1996
a

at discount

b

at premium

c

at subsidy

d

on goodwill

e

at a loss

Question 1739
waec 1996
a

an attempt to balance the accounts

b

the credit balances of the accounts

c

list of all balances extracted from the ledger

d

the debit balances of the accounts

e

balance sheet balances

Question 1740
waec 1996
a

all assets and liabilities

b

all balances

c

credit entries of the business

d

debit entries of the business

e

caoital and liabilities

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