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. 2013
  8. /
  9. Q33
Question 33

When a business is purchased from a sole trader, the excess of the purchase price over the net assets is

  • A.reserve
  • B.goodwill
  • C.feehold
  • D.valuation price
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2013
Question no.
#33
Type
Objective
Previous · Q32Which of the following is not an item on the credit side of the purchases ledger… Next · Q34 A set of instrument or programs which controls the operation of a computer is

More from this paper

  • Q29The public account committee is an organ of
  • Q30Use the following information to answer the given question \(\begin{array}{c|c}…
  • Q31Use the following information to answer the given question \(\begin{array}{c|c}…
  • Q35the process of detecting, tracing and eliminating errors in a computer program…
  • Q36the process of detecting, tracing and eliminating errors in a computer program…
  • Q37The process of detecting, tracing and eliminating errors in a computer program…
See all Accounts - principles of accounts 2013 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