Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Accounts - principles of accounts
  6. /
  7. 2008
  8. /
  9. Q5
Question 5

In a partnership business, the net profit serves as opening figure for

  • A.trading account
  • B.profit and loss accoun
  • C.current account
  • D.appropriation account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2008
Question no.
#5
Type
Objective
Previous · Q4Which of the following concepts is exposed to hold when a proprietor makes a… Next · Q6 Which of the following is the effect of an increase in the provision for…

More from this paper

  • Q1Which of the following is the basis accounting equation?
  • Q2A sales Day book is used for recording
  • Q3An analytical cash book is used to
  • Q7In the preparation of manufacturing accounts, prime cost plus factory overheads…
  • Q8Returns inwards is also called
  • Q9Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares…
See all Accounts - principles of accounts 2008 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy