Book Keeping WAEC 2025 Questions And Answers Expo
Posted by Adewale Kazeem on 08 May 2025 3:20 PM CAT
WAEC Book Keeping 2025 exam kicks off on May 9, 2025, and students across West Africa are preparing to pass the exam. If you are looking for WAEC Book Keeping questions and answers 2025, WAEC Book Keeping Expo 2025, Book Keeping waec 2025, WAEC Book Kepping Questions 2025, Examking pin for book keeping, Sureanswer pin for book keeping, WAEC Book Keeping 2025, this guide will help you by providing you with sure plug that you can get WAEC Questions and Answers before exam.
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WAEC Book Keeping Expo 2025
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WAEC Book Keeping Past Questions
Here are 10 WAEC essay past questions on Bookkeeping that are commonly asked:
1. Explain the following accounting concepts and give one example each:
a. Business entity concept
b. Going concern concept
c. Consistency concept
d. Accrual concept
2. Differentiate between bookkeeping and accounting. Give two examples of each.
3. List and explain five users of accounting information and state how each user benefits from the information.
4. Prepare a two-column cash book from the following transactions:
Jan 1: Cash in hand ₦5,000
Jan 3: Paid ₦1,500 into bank
Jan 7: Received ₦3,000 from Musa
Jan 10: Paid ₦2,000 to John by cheque
Jan 12: Bought stationery ₦500 cash
5. Define the term ‘trial balance’.
State three reasons why a trial balance may not balance.
6. Explain the difference between debit and credit entries and state the rules for recording in the ledger.
7. List and explain five types of subsidiary books used in bookkeeping.
8. State and explain the differences between capital and revenue expenditure with one example for each.
9. Write short notes on the following types of errors in bookkeeping:
a. Error of omission
b. Error of commission
c. Error of principle
d. Compensating error
e. Error of original entry
10. Explain five advantages of keeping proper books of accounts in a business.