WAEC Accounting Past Questions & Answers - Page 280

The class of shares to which payment of dividend depends on profit is

Use the following information to answer the given question

\(\begin{array}{c|c} & Le \\ \hline \text{Cash in hand} & 15,000\\ \text{Balances as at 1st January, 2005:} & \\ \text{Subscriptions in arrears} & 6,000\\ \text{Subscription in advance} & 2,500\\ \text{Subscriptions received} & 18,000\\ \text{Expense for the year} & 6,500\\ \text{Balances as at 31st December, 2005:} & \\ \text{Subscriptions in arrears} & 3,000 \\ \text{Subscriptions in advance} & 1,500\end{array}\)

Accumulated fund at the beginning of the year was

Which of the following is not a debit item in a partnership appropriation account?

A customers who returns goods to the supplier because they are detective is issued a

The unit which keeps government's books of accounts is the