2009 - WAEC Accounting Past Questions and Answers - page 4

A service which a firm has enjoyed, but has not yet been paid for is

Which of the following is not part of the double entry system?

In the balance sheet, the balance on the provision for Depreciation Account shown as

S. Sule sets aside from his private funds ₦20.000 is referred to as

An article cost N1,800 and is sold at a gross profit of 20% on selling price. What is the selling price?

Which of the following are Personal Accounts? i. wages ii. debtors ii. creditors iv. buildings

Prepayment is treated in the balance sheet of firm as a

Which of the following is found in a Sales Ledger Account?

The authority of the Accountant-General to disburse from government fund is

Use the following information to answer the given question
\(\begin{array}{c|c} & Dr & Dr & \text{Balance}\ \hline & ₦ & ₦ & ₦ \ \text{2/1/06 Balance b/d} & & & 2,000 \ \text{3/1/06 '23456'} & 500 & & 1,500\ \text{4/1/06 Deposit} & & 1,000 & 2,500\ \text{5/1/06 Deposit} & & 1500 & 4,000\ \text{6/1/06 '23457'} & 3,000 & & 1,000\end{array}\)
Total withdrawal is