NABTEB GCE 2017 Accounting Answers

Click Here to Enter Password

Take Our Free Runz: NABTEB GCE 2017 Accounting Essay and Obj Answers will be posted here for free but 60 minutes after exam starts.
Take Our Paid Runz: With N400 we will send you the password to view all the answers 3 hours before exam starts. Note that you can pay N600 for , save extra N200! To make payment, simply buy MTN Recharge card of N400 or N600 and send it to 09067385575 . You can also do transfer to the number.

How to send the card: Type the card pin, your subjects & phone number and send to 09067385575. You can also call or message the above number for more details.

Why we are the best? We give you 24/7 customer support. We give you another subject for free if you didn’t get the answers to the one you paid for. We offer the cheapest Runz (N400 per Subject, N3000 for 8-9 Subjects and N6000 for all our runz). Our answers are real and genuine. We also give free Runz to candidates who cannot afford our paid Runz. Where else on the internet can you get this kind of service? Subscribe now and enjoy while it lasts!

Refresh this page 60 minutes after exam starts for our Free answers.

Click Here to Refresh

Related Search Terms
1. NABTEB GCE 2017 Account Answers
2. Free NABTEB GCE 2017 Financial Accounting theory answers
3. Correct NABTEB Nov dec GCE Account questions and answers
4. NABTEB GCE 2017 Expo Websit – Accounting Answers
5. 2017 / 2018 Financial Accounting Objective and Essay NABTEB GCE

Tags: NABTEB GCE answers 2017, NABTEB Accounting questions and answers. NABTEB GCE expo, correct answers. Financial Accounting NABTEB Expo Answers 2017. NABTEB 2017 / 2018 NABTEB GCE Financial Accounting. Accounting NABTEB GCE answers, NABTEB Expo questions and answers. 2017 / 2018 NABTEB Expo Runz financial acccounting

See Our Recent Neco Runz Answers on Accounting
1ACDBEEAEAB
11EEBECBCDDA
21DEBDEEACAC
31CBACBCBBDD
41DCDDDAAEEB
51EDDABBDDDE

No. 5, see image below

No.6, see image below

No.7, see image below

1ai)
Uncredited cheques: Cheques received by business, paid into bank and debited in cash book but not yet cleared by bank and entered in its record.
1aii)
Unpresented cheques: Cheques drawn or paid by business and credited in cash book but these cheques have not yet been presented to bank for payment.
1aiii)
Dishonored Cheque is a cheque which is presented for payment and the drawer has insufficient fund in his or her account to cover the cheque which will then be returned to the payee marked “refer to drawer”
1iv)
The term bank charge covers all charges and fees made by a bank to their customers. In common parlance, the term often relates to charges in respect of personal current accounts or checking account.

1b)
​The partnership deed must contain the following particular:​
i)The name of the firm.
ii)The names and addresses of the partners.
iii)The nature of the business.
iv)The term or duration of partnership.
v)The amount of capital to be contributed by each partner.

2ai)
Real Account: The accounts relating to all assets and properties are called real accounts.
2aii)
Personal Account: The accounts relating to induviduals, firms, associations or companies are known as personal account.
2aiii)
Nominal Account: The accounts relating to expenses, losses, incomes and gains are known as nominal accounts.
2b)
i)Managers
ii)Employees
iii)Competitors
iv)Government
v)Creditors
vi)Tax authorities
vii)Financial Analyst

4a)
i)the companies involved do not necessarily renounce their identity as natural or legal persons, but maintain their independence.
ii)the companies involved carry out a business, activity or project together, but without the need to change their identities as companies, as would happen, for example in a merger or take over.
iii)The most common cases of joint venture are between companies of different nationalities where one of them seeks to enter the market where the other is located, and where to achieve this it is necessary to overcome big trade barriers, make a big investment and Access to the know-how of the market.
4b)
i)A joint venture involves two or more companies joining together in business, whereas in a partnership, it is individuals who join together for a combined venture.
ii)A joint venture can be described as a contractual arrangement between two companies that aims to undertake a specific task. Whereas, a partnership involves an agreement between two parties wherein they agree to share the profits as well as any loss incurred.
iii)A partnership will last for many years until the parties involved have no differences. While a joint venture company will last for only a limited period until their goal is achieved.
iv)The members in a partnership can claim a capital cost allowance as per the partnership rules. Whereas, joint ventures can use as much or as little of the capital cost allowance.