WAEC Accounting 2014 Objective — Question 17
Question 17 of 50 from the West African Examinations Council (WAEC) Accounting 2014 Objective paper, with the correct answer and a full explanation.
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Which of the following accounts would appear in the nominal ledger? I. Sanison's Account (a debtor) II. Motor vehicle account III. Sales account IV. Rent and rate account
- A. I, II and III only
- B. I, III and IV onlyCorrect
- C. II, III and IV only
- D. III and IV only
Explanation
The nominal ledger records impersonal accounts that change within a year, such as sales and rent/rates accounts, and (per the source key) also debtor accounts here — options I, III and IV.
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