+234 810-8515-604examplaza@gmail.com
+234 814-7515-098+234 813 827-4394
Notice Our 2020 NECO Expo Subscription for answers supply ends by Sunday Night. Note: we don't accept calls.

CHOOSE WHAT YOU NEED FROM US?



JUNIOR WAEC EXPO 2020



2020/2021 WAEC/NECO Answers: NECO GCE 2021. FINANCIAL ACCOUNTING ANSWERS


2020/2021 WAEC/NECO Answers: NECO GCE 2021. FINANCIAL ACCOUNTING ANSWERS

Refresh this page in every 5 minutes starting from 3 hours to the exam. 

This is actually the NECO GCE 2018. FINANCIAL ACCOUNTING ANSWERSAnswers as questions sent to our subscribers on WHATSAPP, if you are looking for 2020 WAEC/NECO Answers midnight before the exam, try contacting us.



SECTION A

1ai)

The three column cash book

has three money columns on both debit and credit side – one on each side for recording discount, cash and bank amounts. If a business keeps a bank account and receipts and payments are frequently made through bank account than it is useful to maintain a three column cash book rather than a single or a double column cash book . 


1aii)

Nominal capital

Nominal Capital is the maximum amount of share

capital that the company allowed to issue as a

registered capital when the company is incorporated.


1aiii)

Turnover

The annual

sales volume net of all discounts and sales taxes or the amount of money taken by a business in a particular period.


1aiv)

Gross profit

the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments. 


1av)

Net profit

is a measure of the profitability of a venture after accounting for all costs and taxes. It is the actual profit, and includes the operating expenses that are excluded from gross profit


=========================

(3a)

A control account, often called a

controlling account, is a general ledger

account that summarizes and combines all

of the subsidiary accounts for a specific

type. 


3aii)

-Sales ledger control account/total

debtors control account

-Purchases ledger control account/total

creditors control account

=========================

(3b)

(i)Sales ledger control account or total debtors control account


(ii)

Purchases ledger control account or total creditors control account

=========================

(4)

In Tabular form


(i)Preference share have no voting right WHILE Ordinary share have voting right


(ii)Preference share have fixed rates of interest WHILE ordinary shares have no fixed rate of dividend


(iii)In preference share,Holders receive dividends before others WHILE In ordinary share Holders receive dividends last,after others have been paid

=========================

(4bi)

Capital also known as net assets or equity  refers to what is left to the owners after all liabilities are settled. Simply stated, capital is equal to total assets minus total liabilities.


(4bii)

(i)Issued capital:-This represent the part of the authorised capital given out to member of the public for subscription. It is after the issued capital is fully subscribed that it can now be referred to as subscribed capital


(ii)Reserved capital:-This represents the portion of the capital not called up,which the directors have assumed to be incapable of being called up any time. The uncalled up capital is a liability to the company and is set aside for future expansion


(iii)Authorised capital:-This is also called nominal or registered capital. this is the highest amount of capital stipulated in the memorandum of association considered as enough to set up and run a company


Answers loading... 



How do I getNECO GCE 2021. FINANCIAL ACCOUNTING ANSWERSBEFORE THE EXAM?
. You can get 2020/2020 Exam answers directly from examplaza.com, visit HERE NOW

Frequently Asked Qestions and Answers

How Long can I Use My WAEC, NECO, NABTEB Results For ...

How long is Waec certificate valid?

The fact is your O'level result; be it WAEC , NECO or NABTEB is valid for a life time and has no expiration date. The Examination conducted by these examination bodies is known as ?achievement test? and therefore the certificates awarded are valid forever.

NECO Registration Form 2020/2021 and Latest Exams Updates ...

How much is Neco Nigeria?

To register for NECO examination, candidates are to obtain a draft and pay a non-refundable fee of Twelve Thousand Naira Only (N12,000) paid via bank draft or to school management if internal registration. The payment can be done in any NECO office, banks and Nipost offices nationwide.
To register for NECO examination, candidates are to obtain a draft and pay a non-refundable fee of Twelve Thousand Naira Only (N12,000) paid via bank draft or to school management if internal registration. The payment can be done in any NECO office, banks and Nipost offices nationwide.Mar 26, 2020

What is the best time for studying? - Quora

Which time is best for study?

Generally speaking the best time for effective studying would be Morning (5AM to 10 AM) and Evening(5PM to 9 PM) . Reasons: Early morning is a time when there is very less movement of any form. You would be the only one awake in the house and there won't be any distractions.

NECO Registration Form 2020/2021 and Latest Exams Updates ...

How much is Neco Nigeria?

To register for NECO examination, candidates are to obtain a draft and pay a non-refundable fee of Twelve Thousand Naira Only (N12,000) paid via bank draft or to school management if internal registration. The payment can be done in any NECO office, banks and Nipost offices nationwide.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Reasons Why NECO Result is Accepted for Study in Canada ...

Is Neco accepted in Canada?

Obtain N300,000 Cash Grant for your Education Now. Reasons Why NECO Result is Accepted for Study in Canada. You sure read that correctly, NECO result is accepted for study in Canada if you did't know.
Obtain N300,000 Cash Grant for your Education Now. Reasons Why NECO Result is Accepted for Study in Canada. You sure read that correctly, NECO result is accepted for study in Canada if you did't know.Jul 31, 2019

West African Senior School Certificate Examination - Wikipedia

What is the pass mark for Waec?

WAECDIRECT ONLINE - RESULT CHECKER

How can I get my Waec PIN online?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

GCE Harder than WAEC? Differences To Expect - School Contents

Is GCE harder than Waec?

WAEC internal can be easier because you're have been well prepared for the papers most recently (SS1 to 3). People usually write GCE while they'd abandoned books for months - if not years. This may make it more difficult to pass. There are other reasons WAEC internal could be more convenient as detailed in this post.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Junior Waec (BECE) 2020/2021 Registration And Examination Date ...

Which day will junior Waec start?

Please have it in mind that the junior WAEC registration for 2020/2021 actually started around Monday, October 8, 2019 , and will close on Friday, December 2019 .

About the SSCE - SucceedNG

What is WAEC and NECO?

The SSCE is conducted by two different examination boards: the West African Examination Council (WAEC) and the National Examination Council (NECO). Students have the choice of either writing the two exams WAEC and NECO or just one of them.
The SSCE is conducted by two different examination boards: the West African Examination Council (WAEC) and the National Examination Council (NECO). Students have the choice of either writing the two exams WAEC and NECO or just one of them.

You Can Use Waec Syllabus To Read For Neco 2020 ? Flashlearners

Is WAEC and NECO syllabus the same?

Waec and neco are similar exams. ... They both test what you have been taught in secondary school. Therefore, you can use the same books, past questions and syllabus to prepare for both waec and neco.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

HOW TO PASS ANY TEST WITHOUT STUDYING - YouTube

How can I pass a test without studying?

0:193:44Suggested clip 119 secondsHOW TO PASS ANY TEST WITHOUT STUDYING - YouTubeYouTubeStart of suggested clipEnd of suggested clip

3 things to do while waiting for your WAEC result [ARTICLE] - Pulse ...

What should we do after Waec?

Here are three important things you should do while waiting for the result.Attend coaching classes. It is very easy for secondary school leavers to slip after writing their final papers. You might want to rest after writing your SSCE for a whole month. ... Prepare for UTME. Student preparing for exams. ... Learn a skill.Nov 2, 2018

University guide for mature students - Complete University Guide

What is the oldest age you can go to university?

A mature student can be as young as 21 but many are in their late 20s/early 30s or older, and may have left school without the necessary A Levels or equivalent.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

9 Creative and Inventive Ways for Students to Cheat in Exams

How can I cheat in exam?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

TEACHERS PLATFORM: Why do students forget what we teach ...

Why do I forget when I study?

The most common reason why students forget is because the material is under learned. To remember something, it must first be learned, that is, stored in long-term memory. If you don't do what is necessary to get information into your long-term memory, you have under learned the material and forgetting is normal.

WAEC subjects for science students ? Legit.ng

What are Waec compulsory subjects?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

South African matric [Archive] - PPRuNe Forums

What is matric equivalent in UK?

It's hard to compare precisely. Matric covers a broad range of subjects like GCSEs do in the UK, which we write at 16. Matric is written at 18 and probably to a slightly higher standard than GCSE level but definitely below the A-Level exams we do at 18, when normally we only do 3-4 subjects.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Breaking: WAEC GCE To Hold Twice A Year Starting From? (See ...

How many times is GCE done in a year?

West African Examinations Council (WAEC) has announced that the General Certificate Examination (GCE) for private candidates will now be held twice a year starting in 2017.
West African Examinations Council (WAEC) has announced that the General Certificate Examination (GCE) for private candidates will now be held twice a year starting in 2017.Dec 15, 2016

West African Senior School Certificate Examination - Wikipedia

What is Waec certificate called?

WASSCE Nov/Dec, also known as General Certificate Examination (GCE) or WAEC GCE, is a private examination and uniforms are not required but biometric registration is compulsory as in the former.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Which Is More Easier To Pass Between WAEC, NECO, & NABTEB ...

Is Neco harder than Waec?

NECO seems less difficult compared to WAEC but not also easy to make A's.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Is my WAEC Result good enough to Study Abroad Nigerian Students

Can I use my Waec result to study abroad?

Students with good WAEC result can enroll into universities abroad and most institutions in abroad offers admissions to students with WAEC results as long as they agree to undertake a foundation course.
Students with good WAEC result can enroll into universities abroad and most institutions in abroad offers admissions to students with WAEC results as long as they agree to undertake a foundation course.Nov 21, 2017

How to get your Original NECO Result | News From Nigeria ...

How long does it take to get NECO certificate?

The basic requirements for collection of original certification is the verification of the candidate original O level result. Neck stand for national examination council and the original neck result is always available after 4 years.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

WAEC Grading System for Examinations. | Download Table

What is a distinction in Waec?

... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Is 21 too old to start university? : AskUK - Reddit

Is 21 too old for university?

21 isn't too old to start anything. Seriously though, who is going to be able to tell you are two years older. It's a none issue. It's probably a better time to start uni than an 18 year old in my opinion.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Proctor U Tries to Take Cheating Out of the Testing Process - Over ...

Is it possible to cheat on ProctorU?

?The reality of the situation is ? with Proctor U or traditional testing ? nothing is cheat-proof. ?A well-working testing program is one that admits that you're going to have vulnerabilities that are going to pop up from things you had not even thought of.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Can I Combine WAEC And NECO Result For Admission Into ...

Can I combine WAEC and NECO together?

Yes! It is possible to combine WAEC and NECO result for admission into any tertiary institutions in Nigeria. Many universities in Nigeria allow for the combination of both WAEC and NECO result.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Which Is More Easier To Pass Between WAEC, NECO, & NABTEB ...

Is Neco harder than Waec?

NECO seems less difficult compared to WAEC but not also easy to make A's.
NECO seems less difficult compared to WAEC but not also easy to make A's.Mar 15, 2018

Courses You Can Study Without Economics | Fatherprada

Can I gain admission with d7 in economics?

Though Economics is a subject that cut across all departments in secondary, Economics is a core subject for commercial students. You can't escape Economics. Many schools may accept D7 or E8 in Mathematics and English for some courses but for Economics, you must have credit?

West African Examinations Council (WAEC) Salary - MySalaryScale

How much does Waec pay their staff?

The average salaries for West African Examinations Council (WAEC) is 267,725 Naira. This data is collated by 5 employees from West African Examinations Council (WAEC).
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Tochi said: I scored 260... view all reviews