CBT-Practice

WAEC Book Keeping · Section 1

Financial Statements of Sole Proprietorship

Detailed Syllabus

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Syllabus content and objectives

Official WAEC Book Keeping outline · Detailed Syllabus

Content

8.1 - 8.3 Trading, Profit and Loss Account, and Balance Sheet

Objective

Prepare Trading Accounts (with stock valuation methods FIFO/LIFO), Profit and Loss Accounts, and simple Balance Sheets for sole proprietors.

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