WAEC Accounting Past Questions & Answers - Page 260

A rent ₦12,000 was paid by Taiwo to his landlord by cheque. The double entry in Taiwo's books is

The total of the sales journal is posted to the

A debit entry in the cash account and a corresponding credit in Alieu's account indicate a

Adobaw extracted a trial balance on 31st December 2005 and realized that the total of debit balance exceeded the total of credit balance. Pending investigation the difference should be

\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening stock} & 1,800\\ \text{Closing stock} & 1,350 \\ \text{Creditors- 1/01/2004} & 1,274 \\ \text{Creditors- 31/12/2004} & 1,140\\ \text{Cash paid to creditors} & 6,900\\ \text{Debtors 1/01/2004} & 465\\ \text{Cash received from debtors} & 11,130 \\ \text{Debtors 31/12/2004} & 300\end{array}\) Sales for the year was