WAEC Accounting Past Questions & Answers - Page 282

1,406.

In company accounts, profit after tax is shared in the

A.

Appropriation account

B.

Revaluation account

C.

Current account

D.

Realization account

Correct answer is A

No explanation has been provided for this answer.

1,407.

In company accounts, profit after tax is shared in the

A.

Appropriation account

B.

Revaluation account

C.

Current account

D.

Realization account

Correct answer is A

No explanation has been provided for this answer.

1,408.

Cross referencing among different books of accounts is achieved with the use of

A.

Columns

B.

Reference numbers

C.

Folio

D.

Margin

Correct answer is C

No explanation has been provided for this answer.

1,409.

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

A.

Debit note

B.

Credit note

C.

Delivery note

D.

Bank note

Correct answer is B

No explanation has been provided for this answer.