Waec Accounting Past Questions For Year 2013
Question 1
Which of the following is not a characteristic of trial balance?
- A. it has columns for debit and credit balances
- B. total of debit balance equals total of credit balance
- C. it is a statement
- D. it is an account
Question 2
The lodgement of business cash into the business bank account is an example of
- A. contra entry
- B. bank reconciliation
- C. self-balancing ledger
- D. reversal entry
Question 3
The distinguishing feature between a two-column cash book is
- A. discount column
- B. cash column
- C. bank column
- D. ledger folio
Question 4
A petty cashier received a float of GHC 84. The imprest is
- A. GHC 204
- B. GHC 120
- C. GHC 84
- D. GHC 36
Question 5
A dishonored cheque is
- A. debited in cash book
- B. credited in the cash book
- C. double entry in the cash book
- D. credited in the bank book
