waecE-LEARNING
Financial Accounting Paper 2, Nov/Dec 2014  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Weakness/Remedies
Strength







Section A: Theory of Financial Accounting
Question
2
  1. The agreement of a trial balance does not  necessarily mean that the ledger entries are absolutely correct.  State five errors that justify this statement and explain any three.
  2. Explain the situation that would require an accountant to raise a suspense account.
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Observation

Many of the candidates attempted this question and their performance was very high.

 

 
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