2006 - WAEC Accounting Past Questions and Answers - page 5
The amount allowed off the cost price of an article to stimulate patronage is
Which of the following columns of a three column cash book are memoranda? i. Discount ii. Discount allowed iii. Cash iv. Bank
Where the head office maintains all books of account, goods sent to branch is credited to
Which of the following is a journal as well as an account?
Use the following information to answer the given question
(\begin{array}{c|c} & D\ \hline \text{Balance as peer cash book} & 8,400\ \text{Banking charges} & 300 \ \text{standing order paid} & 2,500 \ \text{Unpresented cheques} & 2,800 \end{array})
The adjustment cash book balance is
Use the following information to answer the given question
(\begin{array}{c|c} & D\ \hline \text{Balance as peer cash book} & 8,400\ \text{Banking charges} & 300 \ \text{standing order paid} & 2,500 \ \text{Unpresented cheques} & 2,800 \end{array})
The balance as per bank statement is
Which of the following is not a purpose for preparing departmental accounts? To
Use the following information to answer the given question
(\begin{array}{c|c} & D\ \hline \text{Rent accrued 1st January, 2005} & 600\ \text{Rent paid in 2005} & 11,300\ \text{Rent prepaid 31st December, 2005} & 500\end{array})
Rent expenses for the year 2005 is
Use the following information to answer the given question
(\begin{array}{c|c} & D\ \hline \text{Rent accrued 1st January, 2005} & 600\ \text{Rent paid in 2005} & 11,300\ \text{Rent prepaid 31st December, 2005} & 500\end{array})
Which of the following is not classified as an overhead?