FINANCIAL ACCOUNTING WAEC GCE THEORY AND OBJECTIVES NOW READY
Our subscribers will get the runz package 6 hours before the exam.answers will be posted here if the admin wishes to do so ------------ ----------- Financial accounting is now ready,answers has been sent to our subscribers, to subscribe, WhatsApp the admin in 08170610547 COMPLETED F/ACCT OBJ 1-10AAABAADADA 11-20CBBBBBAACD 21-30DADBDADDBA 31-40BCCDBDCAAC 41-50DBDBBBAAAD F/Account-Theory 1a) i)trade discount An amount or rate by which the catalog, list, or retail price of an item is reduced when sold to a reseller. ii)cash discount is a deduction allowed by the seller of goods or by the provider of services in order to motivate the customer to pay within a specified time. iii)bad debtis a monetary amountowed to a creditor that is unlikely to be paid and, or which the creditor is not willing to take action to collectbecause of various reasons, often due to the debtor not having the money to pay iv)provision for doubtful debts is the estimated amount of bad debt th