WAEC Accounting Past Questions & Answers - Page 242

1,206.

Purchase of goods of N2,000 was treated as sales and entered in the sales day book and had been carried through the account as such. This error of

A.

Principle

B.

Omission

C.

Reversal of entries

D.

Original entries

Correct answer is A

No explanation has been provided for this answer.

1,207.

Commission of N5,000 to a sales representative is debited to salaries account. This is an error of

A.

Reversal of entries

B.

Principle

C.

Commission

D.

Compensation

Correct answer is B

No explanation has been provided for this answer.

1,208.

Suppliers personal accounts are found in the

A.

Purchases ledger

B.

Sales account

C.

Purchases accoun

D.

Sales ledger

Correct answer is A

No explanation has been provided for this answer.

1,209.

In which ledger is the control account prepared?

A.

Nominal ledger

B.

General ledger

C.

Sales ledger

D.

Purchases account

Correct answer is B

No explanation has been provided for this answer.

1,210.

A subsidiary record is a book

A.

Of ordinary entry

B.

Containing the ledgers

C.

Found in the journal

D.

Containing the balance sheet

Correct answer is A

No explanation has been provided for this answer.