Senior High School · WASSCE style
1A debt that cannot be recovered is written off to the
2A bad debt recovered is credited to
3Reducing balance at 20% on GH¢5,000. Depreciation in year 2 is
4Opening debtors GH¢5,000, credit sales GH¢20,000, cash received GH¢18,000. Closing debtors are
5The sales ledger control account contains totals of
6A machine bought for GH¢12,000 with accumulated depreciation of GH¢7,000 is sold for GH¢4,000. The result is
7Accumulated depreciation is shown in the statement of financial position as
8A vehicle costing GH₵ 20,000 is depreciated at 20% per year by the reducing balance method. Find the depreciation for the second year.
9A bad debt previously written off is recovered. The double entry includes crediting
10A machine costing GH¢20,000 is depreciated at 10% per annum on the reducing balance. The depreciation in year 2 is
Demo questions written by Otisam in the style of the WASSCE. They are not WAEC past questions.
