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Accounting Past Questions

Study and practice Accounting past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

45 questions JAMB 1611 WAEC 1757 CUSTOM 2

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Past Questions

45 questions

Question 1 of 5 45 total questions

Question 21

waec 2014

Which of the following subsidiary books involves cash movements?

Asales day book

Bpurchases day book

Creturns inwards book

Dpetty cash book

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Question 22

waec 2014

An example of a credit entry in a profit and loss account is

Acarriage inwards

Bcarriage outwards

Cdiscounts allowed

Ddiscounts received

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Question 23

waec 2014

In the operation of an imprest of petty cash, the

Apetty cashier pays all expenses

Bpetty cashier pays money to the accountant

Cpetty cashier regularly begins each period with the same amount of money

Dmain cashier accounts to the petty cashier for some experiences made by him

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Question 24

waec 2014

A book that contains individual accounts of suppliers is the

Apurchase ledger

Bgeneral ledger

Cnominal ledger

Dsales ledger

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Question 25

waec 2014

The source document used to make entries in the purchase day book is

Adebt note

Bcredit note

Cinvoice

Dreceipt

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