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speaker_notes Accounting (WAEC 2000)

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This is for O'level students preparing for Accounting WAEC examination.
Instruction: Achieve at least 50% in less than 30 seconds per question.

Quiz Started: 0 Second ago · 1 February 2023 10:8 · Questions: 50 · Answered: 0 · Recommended Time: 0h:25m:0s
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1 Click Here To Discuss Question

Use the following information to answer the given question

Sales 14,600
Purchases 5,500
Return Inward 150
Rent 2000
Salaries 1000
Discount Received 400
Closing stock 250
Opening stock 100

Gross profit is

Select 1 Option (1 Mks)
2 Click Here To Discuss Question

use the following information to answer the given question

Opening Stock:  
Raw materials 6.500
Work-in-progress 2,500
Closing Stock:  
Raw materials 4000
Work-in-progress 1000
Purchases of raw materials 12,500
Manufacturing wages 2000
Factory rent 500

What is the cost of raw materials consumed?

Select 1 Option (1 Mks)



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