2011 - WAEC Accounting Past Questions and Answers - page 4

A debenture is

The concept which deals with the exclusion of trivial items in the accounting records is

Which of the following is not an example of capital reserve?

Goods sent to branch are recorded in the head office's books at i. selling price ii. cost price plus makeup percentage iii. cost price

computer memory sizes are measured in

Rent owed by a department is treated in the Balance sheet as

When shares are issued to the public and the issuing company has not requested for payments, it is referred to as

The diagrammatic representation of the workings of the computer program is

Use the following information to answer the given question.
OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT
\(\begin{array}{c|c} & D & & D \ \text{Balance b/d} & 25,180 & \text{Discount allowed} & 1,936 \ \text{Sales} & 43,220 & \text{Sales returns} & 1,884\ \text{Dishonored cheque} & 542 & \text{Cash received from customers} & xxx \ & & \text{Balance c\d} & 5,122 \ & \overline{68,942} & & \overline{68,942} \end{array}\)
Net sales is

Use the following information to answer the given question.
OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT
\(\begin{array}{c|c} & D & & D \ \text{Balance b/d} & 25,180 & \text{Discount allowed} & 1,936 \ \text{Sales} & 43,220 & \text{Sales returns} & 1,884\ \text{Dishonored cheque} & 542 & \text{Cash received from customers} & xxx \ & & \text{Balance c\d} & 5,122 \ & \overline{68,942} & & \overline{68,942} \end{array}\)
the total cash received from customer is