Past 2017 top best forum
Today's Date
Nigeria free 2018 Gallery
9ja NOTICE: You are currently viewing this website as a Guest and are restricted from viewing some vital information. For more permissions on Earlyface.com.ng? Like posting Comments, Topics and Uploading contents without Verification And Moderator's approval. Fast loading and quick accessibility. Registration is required. Please Login or Register now to gain full access. It is fast and free!!

CLICK HERE NOW TO BECOME EARLYFACE MEMBER...


Author Topic: 2014 NABTEB GCE ACCOUNT ANSWERS  (Read 1530 times)

0 Members and 1 Guest are viewing this topic.

Offline Mr Success

  • VIP MEMBER
  • Earlyface VIP
  • *
  • Posts: 3048
  • Vote for me: +276/-29
  • Location: West Africa
2014 NABTEB GCE ACCOUNT ANSWERS
« on: December 04, 2014, 07:03:33 pm »
-MAKE SURE YOU WRITE THE SUBJECT and EXAM NAME(eg: WAEC PHYSICS/ENGLISH, ETC) WHILE SUBSCRIBING..
NABTEB GCE EXAM RUNS(Subscription 1)
( ACCOUNT )
Direct Mobile:
N800 MTN Card .
Forward: Your Username,MTN PIN,Subject Name, Phone number to Mr Success: 07039866533...
Subscription ends by 1hour before exam start...
Above is the number in charge & Do not Subscribe to the number above after 1hour before the exam start.
NOTE THAT DIRECT MOBILE CANDIDATES GETS ANSWERS ON THEIR PHONES FIRST DURING THE EXAM.
   
To be getting all EarlyFace confirmed Updates (latest news in town, free browsing cheats, hottest FREEBIES, post-UTME tips, school matter and Exam stuff) for free through your Facebook and Twitter profile;
 
  • CLICK HERE to Like EARLYFACE on Facebook
  •  
  • CLICK HERE to Follow EARLYFACE on Twitter

  •    
    How To Create A Topic On Earlyface
     
    How To Create A Topic or Post On Earlyface as a Novice.

    Offline larry4maths

    • Young Earlyfacian
    • Posts: 5
    • Vote for me: +1/-0
    • Location: ogun
    • HomeTown: ijebu
    Re: 2014 NABTEB GCE ACCOUNT ANSWERS
    « Reply #1 on: December 05, 2014, 10:13:58 am »
    pls i need obj

    Offline Mr Success

    • VIP MEMBER
    • Earlyface VIP
    • *
    • Posts: 3048
    • Vote for me: +276/-29
    • Location: West Africa
    Re: 2014 NABTEB GCE ACCOUNT ANSWERS
    « Reply #2 on: December 05, 2014, 10:16:23 am »
    THOSE WHO SUBSCRIBE HAVE GOTEN ALL ANSWERS SINCE....
       
    To be getting all EarlyFace confirmed Updates (latest news in town, free browsing cheats, hottest FREEBIES, post-UTME tips, school matter and Exam stuff) for free through your Facebook and Twitter profile;
     
  • CLICK HERE to Like EARLYFACE on Facebook
  •  
  • CLICK HERE to Follow EARLYFACE on Twitter

  •    
    How To Create A Topic On Earlyface
     
    How To Create A Topic or Post On Earlyface as a Novice.

    Offline Mr Success

    • VIP MEMBER
    • Earlyface VIP
    • *
    • Posts: 3048
    • Vote for me: +276/-29
    • Location: West Africa
    Re: 2014 NABTEB GCE ACCOUNT ANSWERS
    « Reply #3 on: December 05, 2014, 11:17:28 am »


    FIN. ACCOUNT OBJ:
    1-10: BADADCBBBD
    11-20: AADADDACAC
    21-30: DDCDBBDACB
    31-40: DBCADCDDAC
    41-50: CBCAADBDBA
    ====================




    (1a)
    Tabulate
    UNDER
    Receipt & Payment;
    -it is a real account
    -balance is cash-in hand
    Under
    Income & Expenditure;
    -it is a nominal account
    -balance represent surplus or deficit

    (1b)
    -it is the amount received from the new members who intends to join the club
    -it is a sum of money prepaid by the members of club representing dues for next year. it is a liability
    -it is sum due but which has not been paid for that year. it is a current asset
    -it is the financial gift received by the club

    (1c)
    (i)
    -direct and indirect tax
    -mining
    (ii)
    -statutory allocation
    -investment earning
    (iii)
    -tenement rate
    -finest
    ====================




    (2a)
    -correction of error
    -purchase of asset on credit
    -for recording opening entries
    -for double entry transaction
    -for recording acquisition of new business
    -recording of disposal of fixed assets

    (2b)
    (i)
    to segregate the activities of the business organisation into smaller and more controllable unit
    (ii)
    toassertain gross profit or loss
    (iii)
    to ascertain prime cost overhead cost and cost of production and cost of production
    (iv)
    to ascertain net profit or loss
    (v)
    it shows the financial postion of an organisation in a financial year.

    (2c)
    receipt:acknowledges that payment has been received from the buyer.
    credit note: is sent by the seller to the buyer to correct an over charge.
    ====================





    (5)
    Adjusted Cash Book
    Debit Side:
    Bal B/D (12409.44)
    12409.44

    Credit Side:
    undercast(120)
    Dishonoured cheque(156)
    Bank CHarges(30)
    Cheque book(18.96)
    Bal c/d(12084.48)
    12409.44

    Bank Reconciliation statement
    Balance as per Adjusted cash book(12084.4)
    Add unpresented Cheque:
    Abel(132)
    Amufu(246.84)
    378.81
    12463.32

    Less uncreditied cheque;
    okeke(243.96)
    Ojimekwe(174)
    Owale(562.92)
    980.88

    Balance as per Bank Statement(11482.44)
    ====================




    (6)
    Departmental, trading profit and loss A/c for the year end 31/12/2010
    Debit Side;
    tabulate
    Under cosmetics
    stock(10000)
    purchases(480000)
    490000
    carriage(100000)
    590000
    closing stock(12000)
    578000
    gross profit(2222000)
    2800000
    carriage out(11250)
    Rent& rate(148167)
    Admin exps(24500)
    wages & salary(48067)
    light & heat(400000)
    insurance(150000)
    dep fixed asset(150000)
    net profit(1290016)

    Under clothings
    stock(30000)
    purchases(790000)
    820000
    carriage(100000)
    920000
    closing stock(36000)
    884000
    gross profit(3916000)
    4800000
    carriage out(11250)
    Rent& rate(25400)
    Admin exps(42000)
    wages & salary(82400)
    light & heat(400000)
    insurance(150000)
    dep fixed asset(150000)
    net profit(2826350)
    3916000



    Under utensils
    stock(45000)
    purchases(950000)
    995000
    carriage(100000)
    1095000
    closing stock(54000)
    104000
    gross profit(335900)
    4400000

    carriage out(22500)
    Rent& rate(232833)
    Admin exps(38500)
    wages & salary(75533)
    light & heat(400000)
    insurance(150000)
    dep fixed asset(150000)
    net profit(2289634)
    3359000


    Under total
    stock(85000)
    purchases(2220000)
    2305000
    carriage(300000)
    2605000
    closing stock(102000)
    2503000
    gross profit(9497000)
    12000000

    carriage out(4500)
    Rent& rate(635000)
    Admin exps(105000)
    wages & salary(206000)
    light & heat(1200000)
    insurance(450000)
    dep fixed asset(450000)
    net profit(6406000)
    9497000


    Credit side
    tabulate
    Under cosmetics
    sales(2800000)
    2800000

    Under Clothing
    sales(4800000)
    4800000

    Under Utensils
    sales(4400000)
    4400000



    Under Total
    sales(12000000)
    12000000

    Under cosmetics
    G.p b/d(2222000)
    2222000

    Under clothing
    G.p b/d(391600)
    3916000

    Under Utensils
    G.p b/d(3359000)
    33590000

    Under Total
    G.p b/d(99497000)
    9497000


    ===COMPLETED===
    WISH YOU ALL SUCESS!!!
       
    To be getting all EarlyFace confirmed Updates (latest news in town, free browsing cheats, hottest FREEBIES, post-UTME tips, school matter and Exam stuff) for free through your Facebook and Twitter profile;
     
  • CLICK HERE to Like EARLYFACE on Facebook
  •  
  • CLICK HERE to Follow EARLYFACE on Twitter

  •    
    How To Create A Topic On Earlyface
     
    How To Create A Topic or Post On Earlyface as a Novice.

     

    Related Topics

      Subject / Started by Replies Last post
    4 Replies
    7025 Views
    Last post May 10, 2013, 11:06:46 am
    by Thankgod4uu
    8 Replies
    5614 Views
    Last post October 28, 2013, 09:11:20 am
    by Mr.BRAIN
    1 Replies
    4643 Views
    Last post May 17, 2013, 09:59:51 am
    by Jasmine jackson
    1 Replies
    1756 Views
    Last post November 27, 2014, 10:55:50 am
    by Mr Success
    2 Replies
    1171 Views
    Last post December 01, 2014, 05:35:54 pm
    by Mr Success
    2 Replies
    1411 Views
    Last post December 01, 2014, 11:16:08 am
    by Mr Success
    0 Replies
    236 Views
    Last post June 04, 2015, 10:03:04 am
    by JEFFREY96

    Updated Topics

    NetContacts Membership Invitation by wedco893
    March 26, 2024, 06:42:58 pm

    NetContacts Membership Invitation by wedco893
    March 26, 2024, 06:26:58 pm

    CORRECT: 2024/2025 JAMB RUNS SUBSCRIPTION( REFORMED PACKAGES) by MANDINHO
    March 24, 2024, 09:11:15 pm

    UK FOOTBALL POOLS COUPON | 30TH MARCH 2024 | WEEK 39: X-02-X by wedco893
    March 24, 2024, 07:40:25 pm

    UK FOOTBALL POOLS COUPON | 23RD MARCH 2024 | WEEK 38: X-05-X by wedco893
    March 18, 2024, 06:52:10 pm

    Solve you've been logout for using unofficial Whatsapp app Gb Whatsapp problem by Wiz.gee
    March 16, 2024, 02:18:51 am

    Girls: Female's Education Ends In Kitchen by Babatunde aliyat
    March 12, 2024, 06:12:54 am


    FBLike US on Facebook.. TWFollow US on Twitter..

    Portal
    Forum
    RSS Feeds
    FAQ
    Members Intro
    Announcements
    Privacy Policy
    Terms Of Use
    Partners
    About Us

    Problem Solutions
    Global News
    Sports
    Celebs
    Politics
    Gists In Town
    General
    Song Lyrics
    Dating
    Religion

    Examination
    Post-UTME/Admission
    School News
    Online Reading
    Scholarship
    Education
    Entertainment
    Download Links
    Stories
    Fashion

    MTN NG
    9Mobile NG
    Airtel NG
    Glo NG
    World Networks
    Pc Tweaks
    Mobile Phone
    Computer Tips
    WebMaster
    Programming

    Browsing Cheats
    Net Tricks
    Health n Welfare
    Latest Jobs
    EarlyFace Group Of Nigeria © 2022