logo




HOME

WAEC

NECO

NABTEB

Contact


WAEC 2020 REAL C.R.S / I.R.S QUESTION AND ANSWER EXPO READY - CLICK HERE
WAEC 2020 REAL LIVE CHEMISTRY OBJ & THEORY ANSWERS AVAILABLE NOW - CLICK HERE

WAEC 2020 REAL LIVE TIMETABLE AVAILABLE NOW - CLICK HERE

BE OUR JAMB CBT AGENT AND MAKE MONEY FROM IT CLICK HERE

Quick Contact
WHATSAP/SMS ONLY 08119011369


S/LEONE WASSCE PAGE

GHANA WASSCE PAGE

ANSWER PAGE


CONFIRMATION PAGE



« | »

2020 WAEC FINANCIAL ACCOUNTING OBJ AND ESSAY QUESTIONS/ANSWERS VERIFIED EXPO

 

F/Accounting-Obj
1AAABABACAB
11CCCBABBDCC
21DDBBCCDCAA
31BDDBBBDBAB
41BADBBACCBB

(6a)

Writ the heading yourself.

 

(Dr side)

Maintenance 13,000

Stationary 1,600

Postage 600

Dance expenses 4000

Gen. Expenses 6,600

Salaries 9,600

 

Depreciation

Club house 16,000

Furniture 3,600

Surplus 93,600

 

Total 148,600

 

(Cr side)

Subscription 130,000

Proceeds from concert 9,000

Int. On deposit 2,400

Income from dance 7,200

 

Total 148,600

 

(6b)

Balance sheet as at 31/12/15

 

(Dr side)

Accumulated fund 266,000

+ Surplus 93,600

 

Total 359,600

 

Current liabilities

Stationary 400

Gen expenses 1,200

 

Total 361,200

 

(Cr side)

Fixed assets

Club house 144,000

Furniture 20,400

Bank deposit 80,000

Total 244,400

 

Current asset

Cash 116,800

 

Total 361,200

(2a)

Non-profit making organisation are organisations that do not mainly engage in buying and selling of goods. Thus, their main objective is not to make profit as they are formed to seek the welfare of their members eg mosque, churches etc.

 

(2b)

In a tabular form:

Profit making organisation

(i) It is engaging in the buying and selling of goods and services.

(ii) Their major objectives is the making of profit.

 

Non-profit organisation

(i) It does not engage in the buying and selling of goods and services.

(ii) The major object is not to make profit but to seek the welfare of members.

 

(2c)

(a) Subscription: This is the annual period dues of members of a club or social body or not for making profit organisation.

(b) Life membership fee: The club members can make payment for life. This means that they paying a fairly substantial amount now. Members can enjoy the facility of the club for the rest of his/her life.

(c) Entrance fee: These are amount payable when a person first joins a club. These are normally included as income in the year that they received.

(d) Donations: This is the amount received or given by non-trading organisation in cash or in kind in the form of gift from a person or an organisation.

(5a)

In the books of Odis Ent.

Statement of affairs as at 31/12/17

 

(Debit side)

Capital 43000.

Creditors 4000

Rent

Total=47000

 

(Credit side)

Fixed assets 8000

Stock 15900

Trade debtors 11000

Cash 12100

Total = 47000

 

(5b)

(Debit side)

Bal b/f 12100

Cash received

from debitors 100000

 

Total 112100

 

(Credit side)

Cash paid to

Suppliers 72000

Exp:

Rent 2500

Gen.exp. 1800

Drawing 52000

Bal c/d 30600

112100

(5c)

Trading profit&loss A/C for the year ended

(Credit side)

Opening stock. 15900

+Purchase. 74500

 

Total. 90400

– closing stock. 17000

73400

Gross profit. 28800

Total. = 102200

 

( Debit side)

Sales. 102200

 

 

Profit & loss a/c for the year ended 31/12/17

 

(Credit side)

Gen.exp. 1800

Rent. 3000

Depreciation 800

Wet profit. 23200

Total. = 28,800

 

(Debit side)

Gross profit. 28,800

 

 

 

Total. 28800

NOTE: IF YOU WANT US TO HELP YOU SEND ANSWER FOR THIS EXAM YOU ARE WRITING, YOU MUST PAY NOT FREE

Whatsapp Answer: Get answer direct on your whatsapp is #500 MTN-CARD

Online Password Link: Get answer online with a password link is #400 MTN-CARD

How to subscribe:

Send:

Subject + Mtn-card + Phone number To 08119011369

Note: No Free Answers on This Page

Tags: , , , , , ,

Categories: Waec

There is love in sharing

0 Responses

Leave a Reply

« | »




Jupeb, Jupeb 2019/2020 Chemistry ‹Questions, 2019 Chemistry Jupeb Questions, Jupeb 2019 Chemistry Questions, Jupeb 2019 Chemistry Answers, Jupeb 2019 Chemistry Runz, Jupeb 2019 Chemistry Expo, Jupeb 2019 Chemistry Expo/Runz, 2019 Jupeb Chemistry Obj Answers, 2019 Jupeb Chemistry Theory Questions, 2019 Jupeb Chemistry Obj And Theory Answers, 2019 Jupeb Chemistry Questions, Gidifans Jupeb 2019 Chemistry Answers, Examloaded Jupeb 2019 Chemistry Answers, Real Jupeb 2019 Chemistry Answers, Expoloaded Jupeb 2019 Chemistry Answers, Verified Jupeb 2019 Chemistry Questions, Free Jupeb 2019 Chemistry Answers., Jupeb, Jupeb 2019/2020 Chemistry ​Questions, 2019 Chemistry Jupeb Questions, Jupeb 2019 Chemistry Questions, Jupeb 2019 Chemistry Answers, Jupeb 2019 Chemistry Runz, Jupeb 2019 Chemistry Expo, Jupeb 2019 Chemistry Expo/Runz, 2019 Jupeb Chemistry Obj Answers, 2019 Jupeb Chemistry Theory Questions, 2019 Jupeb Chemistry Obj And Theory Answers, 2019 Jupeb Chemistry Questions, Gidifans Jupeb 2019 Chemistry Answers, Examloaded Jupeb 2019 Chemistry Answers, Real Jupeb 2019 Chemistry Answers, Expoloaded Jupeb 2019 Chemistry Answers, Verified Jupeb 2019 Chemistry Questions, Free Jupeb 2019 Chemistry runs, 2019/2020 neco runz runs, neco 2019/2020 answer verified" 2019/2020 waec gce runz, waec runz, waec gce runz, runz for waec and neco, nabteb runz, 2019/2020 nabtbe runs help, 2020 jamb cbt runz, jamb cbt runs, cbt runz, cbt 2020 runz , waec time table 2020/2019, waec gce 2019/2020 gce time table runz, examorigin.com.ng, examgreat.net, examkey.net, 2019 NECO EXPO, 2019 NECO ANSWERS, NECO 2019 EXPO, 2019 NECO ANSWERS, FREE NECO EXPO, FREE EXPO ON NECO, NECO 2019 EXPO FOR FREE, FREE 2019 NECO ANSWERS, 2019 NECO QUESTIONS, 2019 NECO ANSWERS, 2019 NECO EXPO ANSWERS,2019 NECO ANSWERS, 2019 NECO RUNS, FREE 2019 NECO ANSWERS, 2019 NECO RUNS, 2019 NECO ANSWER, 2019 NECO EXPO, 2019 NECO QUESTIONS, 2019 NECO QUESTIONS, NECO EXPO ANSWERS,2019 NECO EXPO, NECO 2019 ANSWERS, NECO 2019 ANSWER, NECO 2019 ANSWERS, NECO 2019 RUNZ, NECO 2019 ANSWERS, NECO 2019 EXPO, NECO ANSWERS 2019. 2019 NECO QUESTION AND ANSWERS | 2019 NECO ANSWER | 2019 NECO QUESTION AND ANSWERS | 2019/2020 NECO EXPO WEBSITE | 2019/2020 NECO ANSWERS | NECO ANSWER 2019 | NECO QUESTIONS 2019 | 2019 NECO ANSWER FOR ALL SUBJECTS | CHOCKS CONFIRMED ANSWERS FOR BIOLOGY MATHS ENGLISH CHEMISTRY ACCOUNTING COMMERCE GEOGRAPHY FISHERY PHYSICS ECONOMICS HISTORY COMPUTER CIVIC EDUCATION PHYSICS PRACTICAL BIOLOGY PRACTICAL BIOLOGY PRACTICAL PHYSICS PRACTICAL GOVERNMENT HISTORY CIVIC EDUCATION LITERATURE ECONOMICS FOOD AND NUTRITION ANIMAL HUSBANDRY DATA PROCESSING OFFICE PRACTICE TOURISM MATHEMATICS AGRIC SCIENCE PRACTICAL GEOGRAPHY PRACTICAL PHYSICAL EDUCATION 2019 NECO SSCE EXPO | 2019 NECO Exam Runz, NECO 2019 Runs, NECO 2019 Expo Site, Exam Runs, NECO 2019/2020 Runs 100% Correct Expo, NECO 2019 100% Real Expo / Runz, Best NECO 2019 Expo Site 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS. 2019 NECO EXPO | 2019 NECO RUNZ |2019 NECO TIMETABLE |2019 NECO SPECIMENS | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTIONS 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS AND ANSWERS 2019/2020 NECO Questions And Answers | 2019 May June Verified/Real Expo/Runz. NECO Assistance For Expo 2019/2020 Runz NECO RUNZ , Real NECO 2019 Expo site, Exam Runs, Free NECO Answers, Free , Free NECO Runs / Runz, NECO , NECO ,Trusted NECO , NECO 2019 Correct Expo, NECO ssce Runs, NECO Answers, NECO Exam Gce Assistance, NECO , Site, NECO Real Expo / Runz Download NECO SSCE QUESTIONS Below 2019 NECO RUNS RUNZ EXPO CHOCKS FOR 2019/19 SESSION NECO 2019/2020 Real Questions and Answers Expo Runz/Runs 2019 NECO Expo,2019/2020 NECO may/June ssce Real/Sure confirmed Questions/Answers/Expo/Runz 2019/2020 NECO Ssce Real/Confirmed Questions And Answers, Expo/Runz 2019/2020 NECO May/June Real Expo, Questions and Answers NECO 2019/2020 Questions/Answers /Expo 2019/2020 NECO Questions And Answers, Expo . 2019/2020 NECO Real/Confirmed Expo/Runz, Questions/Answers.Verified/sure 2019/2020 NECO Ssce may/June Question And Answers Expo/Runz. 2019/2020 NECO/Wassce Real Runz, Questions and Answers.2019/2020 NECO Expo, Questions and Answers. NECO 2019/2020 Questions and Answers Runz/Expo.2019/2020 NECO Ssce Expo. Verified 2019/2020 NECO subjects Questions/Answers, Expo/Runz. NECO 2019 Expo site, NECO Exam Runs, 2019 NECO Ssce Questions, 2019 NECO Answers, Verified , Trusted NECO , NECO 2019 Correct Expo, NECO RUNZ,NECO answers 2019 NECO answers for english NECO answers for mathematics 2019 NECO answers literature in english NECO answers for mathematics 2019 NECO answers 2019 NECO answers for biology 2019 NECO 2019 Answers,2019 NECO Expo,NECO 2019 Questions and Answers, Expo and Runs is finally out,Expo for NECO 2019 is Finally Out Today REAL NECO 2019 Questions and answers/EXPO Runz 2019 NECO 2019 Expo NECO Runs and Free Answers for 2019 Examination,Is NECO 2019 Free Expo Out,Is NECO 2019 Questions and Answers Released. NECO 2019/2020 Exam Expo – Runs – Chocks TAGS; NECO Exam Runz, NECO 2019 Runs, NECO 2019 Expo Site, Exam Runs, NECO 2019/2020 Runs 100% Correct Expo, NECO 2019 100% Real Expo / Runz, Best NECO 2019 Expo Site. 2019 NECO EXPO | 2019 NECO RUNZ | 2019 NECO EXPO | 2019 NECO EXPO/RUNS | 2019 NECO QUESTION AND ANSWERS, 2019 NECO Expo, 2019 NECO Runs, 2019 NECO Answers, 2019 NECO Questions NECO EXPO 2019: 2019 NECO EXAM EXPO RUNS | 2019 NECO EXPO ANSWERS/SITE 2019 WAEC EXPO, 2019 WAEC ANSWERS, WAEC 2019 EXPO, 2019 WAEC ANSWERS, FREE WAEC EXPO, FREE EXPO ON WAEC, WAEC 2019 EXPO FOR FREE, FREE 2019 WAEC ANSWERS, 2019 WAEC QUESTIONS, 2019 WAEC ANSWERS, 2019 WAEC EXPO ANSWERS,2019 WAEC ANSWERS, 2019 WAEC RUNS, FREE 2019 WAEC ANSWERS, 2019 WAEC RUNS, 2019 WAEC ANSWER, 2019 WAEC EXPO, 2019 WAEC QUESTIONS, 2019 WAEC QUESTIONS, WAEC EXPO ANSWERS,2019 WAEC EXPO, WAEC 2019 ANSWERS, WAEC 2019 ANSWER, WAEC 2019 ANSWERS, WAEC 2019 RUNZ, WAEC 2019 ANSWERS, WAEC 2019 EXPO, WAEC ANSWERS 2019. 2019 WAEC QUESTION AND ANSWERS | 2019 WAEC ANSWER | 2019 WAEC QUESTION AND ANSWERS | 2019/2020 WAEC EXPO WEBSITE | 2019/2020 WAEC ANSWERS | WAEC ANSWER 2019 | WAEC QUESTIONS 2019 | 2019 WAEC ANSWER FOR ALL SUBJECTS | CHOCKS CONFIRMED ANSWERS FOR BIOLOGY MATH ENGLISH CHEMISTRY ACCOUNTING COMMERCE GEOGRAPHY FISHERY PHYSICS ECONOMICS HISTORY COMPUTER CIVIC EDUCATION PHYSICAL EDUCATION 2019 WAEC SSCE EXPO | 2019 Waec Exam Runz, Waec 2019 Runs, Waec 2019 Expo Site, Exam Runs, Waec 2019/2020 Runs 100% Correct Expo, Waec 2019 100% Real Expo / Runz, Best Waec 2019 Expo Site 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS. 2019 WAEC EXPO | 2019 WAEC RUNZ |2019 WAEC TIMETABLE |2019 WAEC SPECIMENS | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTIONS 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS AND ANSWERS 2019/2020 Waec Questions And Answers | 2019 May June Verified/Real Expo/Runz. WAEC Assistance For Expo 2019/2020 Runz WAEC RUNZ , Real WAEC 2019 Expo site, Exam Runs, Free WAEC Answers, Free , Free WAEC Runs / Runz, Waec , Waec ,Trusted WAEC , WAEC 2019 Correct Expo, WAEC ssce Runs, WAEC Answers, WAEC Exam Gce Assistance, WAEC , Site, WAEC Real Expo / Runz Download WAEC SSCE QUESTIONS Below 2019 WAEC RUNS RUNZ EXPO CHOCKS FOR 2019/19 SESSION Waec 2019/2020 Real Questions and Answers Expo Runz/Runs 2019 Waec Expo,2019/2020 Waec may/June ssce Real/Sure confirmed Questions/Answers/Expo/Runz 2019/2020 Waec Ssce Real/Confirmed Questions And Answers, Expo/Runz 2019/2020 Waec May/June Real Expo, Questions and Answers Waec 2019/2020 Questions/Answers /Expo 2019/2020 Waec Questions And Answers, Expo . 2019/2020 Waec Real/Confirmed Expo/Runz, Questions/Answers.Verified/sure 2019/2020 Waec Ssce may/June Question And Answers Expo/Runz. 2019/2020 Waec/Wassce Real Runz, Questions and Answers.2019/2020 Waec Expo, Questions and Answers. Waec 2019/2020 Questions and Answers Runz/Expo.2019/2020 Waec Ssce Expo. Verified 2019/2020 Waec subjects Questions/Answers, Expo/Runz. Waec 2019 Expo site, Waec Exam Runs, 2019 Waec Ssce Questions, 2019 WAEC Answers, Verified , Trusted WAEC , WAEC 2019 Correct Expo, WAEC RUNZ,waec answers 2019 waec answers for english waec answers for mathematics 2019 waec answers literature in english waec answers for mathematics 2019 waec answers 2019 waec answers for biology 2019 waec 2019 Answers,2019 waec Expo,waec 2019 Questions and Answers, Expo and Runs is finally out,Expo for waec 2019 is Finally Out Today! REAL WAEC 2019 Questions and answers/EXPO Runz 2019 Waec 2019 Expo waec Runs and Free Answers for 2019 Examination,Is waec 2019 Free Expo Out,Is waec 2019 Questions and Answers Released. Waec 2019/2020 Exam Expo – Runs – Chocks TAGS; Waec Exam Runz, Waec 2019 Runs, Waec 2019 Expo Site, Exam Runs, Waec 2019/2020 Runs 100% Correct Expo, Waec 2019 100% Real Expo / Runz, Best Waec 2019 Expo Site. 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019 WAEC EXPO | 2019 WAEC EXPO/RUNS | 2019 WAEC QUESTION AND ANSWERS, 2019 WAEC Expo, 2019 WAEC Runs, 2019 WAEC Answers, 2019 WAEC Questions WAEC EXPO 2019: 2019 WAEC EXAM EXPO RUNS | 2019 WAEC EXPO ANSWERS/SITE
error: Content is protected !!