2022 NECO GCE F/ACCOUNTING ANSWERS - Verified 2022 WAEC EXAM English Questions and Answers

F/ACCT

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11CBACAADDDC

21DDCDEACACB

31EEBEDBECEC

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51ABCEBEACCE

Completed 



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(1a)

Share premium can be thought of as the difference between the par value of a company's shares and the total amount a company received for shares recently issued.


(1b)

(i) used to pay the expenses of issuing equity, such as underwriter fees or for issuing bonus shares to shareholders

(ii)used Beyond selling shares above par

(iii) the share premium account can be credited if the government donates land to the company.


(1c)

Goodwill is an intangible asset that is associated with the purchase of one company by another.


This is 2022 NECO GCE F/ACCOUNTING ANSWERS No. 1
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(4a)


i. Name of the firm as determined by all

partners.


ii. Name and details of all the partners of the firm. 


iii. The date on which business commenced.


iv. Firm's existence duration.


v. Amount of capital contributed by each partner.


vi. Profit sharing ratio between the partners.


(4b) 


i. To keep the General ledger nice.


ii. Clean without any details. 


iii. To correct the balances to be used in a financial statement's.


iv. To provide totals of debtors and creditors quickly when a trial balance is being prepared.


(4c)

[Pick any three]

(i) Bank statement.

(ii) Cash register tape.

(iii) Credit card receipt. ...

(iv) Lockbox check images.

(v) Packing slip.

(vi) Sales order.


This is 2022 NECO GCE F/ACCOUNTING ANSWERS No. 4
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2022 NECO GCE F/ACCOUNTING ANSWERS 2022 WAEC EXAM English  Questions and Answers WAEC English Questions and Answers 2022. WAEC Eng Expo for Theory & Objective (OBJ) PDF: verified & correct expo Solved Solutions, 2022 NECO GCE F/ACCOUNTING ANSWERS. 2022 WAEC EXAM English  Questions and Answers


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2022 NECO GCE F/ACCOUNTING ANSWERS 2022 WAEC EXAM English  Questions and Answers WAEC English Questions and Answers 2022. WAEC Eng Expo for Theory & Objective (OBJ) PDF: verified & correct expo Solved Solutions, 2022 NECO GCE F/ACCOUNTING ANSWERS. 2022 WAEC EXAM English  Questions and Answers

2022 NECO GCE F/ACCOUNTING ANSWERS 2022 WAEC EXAM English  Questions and Answers WAEC English Questions and Answers 2022. WAEC Eng Expo for Theory & Objective (OBJ) PDF: verified & correct expo Solved Solutions, 2022 NECO GCE F/ACCOUNTING ANSWERS. 2022 WAEC EXAM English  Questions and Answers


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