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Accounts - Principles of Accounts Past Questions

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3436

Which of the following is not credited to debtors control account?

  • A. Bad debts
  • B. Discounts allowed
  • C. Provision for bad debt
  • D. Bills receivable
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3437

The capital of a sole trader changes as a result of

  • A. drawings by cheque
  • B. equipment purchased by cheque
  • C. paying wages by cash
  • D. goods purchase by cheque
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3438

The balance on the Sales Ledger Control Account at the end of the accounting year represents total

  • A. credit sales for the year
  • B. trade debtors at the end of the year
  • C. cash sales for the year
  • D. amount transferred from the Sales Day Book
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3439

Which of the following is not a source document?

  • A. Invoice
  • B. Credit note
  • C. Debit note
  • D. Bank note
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3440

Provision for depreciation on delivery van is charged to

  • A. manufacturing account
  • B. trading account
  • C. profit and loss account
  • D. appropriation account
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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
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076