2009 - WAEC Accounting Past Questions and Answers - page 2

Use the following information to answer the given question
\(\begin{array}{c|c} & D\ \hline \text{Purchase of raw materials} & 236,500\ \text{Returns of raw materials} & 4,750\ \text{Carriage on raw materials} & 44,000\ \text{Stock of raw materials at close} & 39,500 \ \text{Factory fuel} & 3150,000\ \text{Direct wages} & 205,000\ \text{Indirect wages} & 31, 250\ \text{Factory power} & 105,000\ \text{Work-in-progress at start} & 32,500\end{array}\)
The total factory overhead is

"Financial statements do not a disclose all information users need to know about a firm" This is the concept of

Which of the following is not a source of revenue for local government?

A difference between the debit and credit totals in a trial balance is placed in

A three column cash book contains column for

The total debtors account of trading concern is N13,000. out of this 2% is irrecoverable, 5% of the balance is not like to be collected. What is the provision for doubtful debts?

Which of the following is not part of factory overhead?

Cost of extension to a factory building is classified as

Which of the following does not appear in a bank statement?

The purchase of a typewriter for office use for ₦2,000 is debited to