Waec Accounting Past Questions For Year 2022
Question 6
One of the items on the credit column of a trial balance is
waec 2022
- A. returns outwards
- B. carriage outwards
- C. returns inwards
- D. carriage inwards
View Answer and ExplanationQuestion 7
Use of following information to answer questions below
| |
D |
| Motor vehicle |
500000 |
| Stock |
35000 |
| Debtors |
18000 |
| Cash |
12850 |
| Bank overdraft |
280000 |
| Creditors |
21500 |
The total current liability is
waec 2022
- A. D 301,500
- B. D 258,500
- C. D 264,350
- D. D 280,000
View Answer and ExplanationQuestion 8
Use the following information to answer questions below
Bola a grocer, keep petty cash on imprest system, the float being GH⊄ 8,000. These transactions took place in January 2018.
| |
|
GH⊄ |
| January 1 |
Petty cash in hand |
1034 |
| January 1 |
Petty cash to restore float |
6966 |
| January 6 |
Bought note books |
656 |
| January 7 |
Paid wages |
1828 |
| January 14 |
Bought postage stamps |
750 |
| January 16 |
Paid to Biodun a creditor |
1072 |
| January 18 |
Paid wages |
1856 |
| January 23 |
Purchased envelopes |
874 |
| January 28 |
Purchased postage stamps |
420 |
Amount spent on stationery was
waec 2022
- A. GH⊄ 1,170
- B. GH⊄ 1,076
- C. GH⊄ 1,530
- D. GH⊄ 874
View Answer and ExplanationQuestion 9
Use the following information to answer questions below
Bola a grocer, keep petty cash on imprest system, the float being GH⊄ 8,000. These transactions took place in January 2018.
| |
|
GH⊄ |
| January 1 |
Petty cash in hand |
1034 |
| January 1 |
Petty cash to restore float |
6966 |
| January 6 |
Bought note books |
656 |
| January 7 |
Paid wages |
1828 |
| January 14 |
Bought postage stamps |
750 |
| January 16 |
Paid to Biodun a creditor |
1072 |
| January 18 |
Paid wages |
1856 |
| January 23 |
Purchased envelopes |
874 |
| January 28 |
Purchased postage stamps |
420 |
Amount posted to the personal ledger was
waec 2022
- A. GH⊄ 1,034
- B. GH⊄ 1,072
- C. GH⊄ 6,966
- D. GH⊄ 3,684
View Answer and Explanation