2000 - WAEC Accounting Past Questions and Answers - page 3
In computing, ALU stands
Which of the following is not a petty cash book item? purchase of
use the following information to answer the given question
(\begin{array}{c|c} & N \ \hline \text{Opening stock:} & \ \text{- raw materials} & 6,500 \ \text{-work-in-progress} & 2,500 \ \text{Closing Stock:} & \ \text{- raw materials} & 4,000 \ \text{-work-in-progress} & 1,000 \ \text{Purchases of raw materials} & 12,500 \ \text{Manufacturing wages} & 2,000 \ \text{Factory rent} & 500\end{array})
What is the cost of raw materials consumed?
use the following information to answer the given question
(\begin{array}{c|c} & N \ \hline \text{Opening stock:} & \ \text{- raw materials} & 6,500 \ \text{-work-in-progress} & 2,500 \ \text{Closing Stock:} & \ \text{- raw materials} & 4,000 \ \text{-work-in-progress} & 1,000 \ \text{Purchases of raw materials} & 12,500 \ \text{Manufacturing wages} & 2,000 \ \text{Factory rent} & 500\end{array})
What is the cost of production?
use the following information to answer the given question
(\begin{array}{c|c} & N \ \hline \text{Opening stock:} & \ \text{- raw materials} & 6,500 \ \text{-work-in-progress} & 2,500 \ \text{Closing Stock:} & \ \text{- raw materials} & 4,000 \ \text{-work-in-progress} & 1,000 \ \text{Purchases of raw materials} & 12,500 \ \text{Manufacturing wages} & 2,000 \ \text{Factory rent} & 500\end{array})
What is the prime cos?
The vote book in Public Sector Accounting is used to
The accounting entry for depreciation at the end of each year is to debit
An account is said to have a debit balance because
A motor vehicle bought for N16,000 was estimated to have a useful life span of 4 years and a scrap of N2,000. What is the net book value of the motor vehicle at the end of the third year, using the straight line method?
A motor vehicle bought for N16,000 was estimated to have a useful life span of 4 years and a scrap of N2,000. Using the straight line method, what is the amount of depreciation charged per annum?