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FREE WAEC ANSWERS 2026

FREE WAEC ANSWERS 2026

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BIOLOGY PRACTICAL ANSWER NECO 2025 ==================== LINK : www.examhacker.net PIN 5500 ===================== GOOD LUCK 🤞

BIOLOGY PRACTICAL QUESTIONS 👆👆👆👆👆👆

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BIOLOGY PRACTICAL ANSWER NECO 2025 ==================== LINK : www.examhacker.net PIN 5500 ===================== GOOD LUCK 🤞

Exam; NECO !!! Subject; CATERING CRAFTS PRACTICE Pin; 6632 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; TOURISM Pin; 2288 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; BOOKKEEPING Pin; 3147 Site;examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; MARKETING Pin; 7411 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; COMMERCE Pin; 4030 Site; examhacker.net Exam; NECO !!! °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Subject; COSMETOLOGY Pin; 1455 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; STOREKEEPING Pin; 8020 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; DATA PROCESSING Pin; 5556 Site;examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; CHEMISTRY PRACTICAL Pin; 2200 Site; examhacker.net °°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°° Exam; NECO!!! Subject; BIOLOGY PRACTICAL Pin; 5500 Site; examhacker.net Enjoy and share to your friends and classmates writing those exam

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*F/A OBJ ANSWERS* 01-10: BBAAABDCDC 11-20: AAABDABCAC 21-30: AADCCDCAAB 31-40: DBCDCBAABD 41-50: CCDACAADBA *COMPLETED✅✅*

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OBJECTIVE QUESTIONS BELOW 👇👇

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No 9
No 9

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*ANSWERS ACCOUNTING* (4a) Increase in Provision for Doubtful Debts: This occurs when the estimated amount of debt that may not be recovered from customers increases compared to the previous provision. It is based on a percentage of debtors or past experience. Treatment in Final Accounts: (i) The increase is recorded as an expense in the Profit and Loss Account. (ii) The total new provision is deducted from trade debtors in the Balance Sheet, under current assets. (4b) Decrease in Provision for Doubtful Debts: This occurs when the estimated bad debts reduce at the end of the accounting period compared to the previous year’s provision. Treatment in Final Accounts: (i) The decrease is treated as an income in the Profit and Loss Accounts. (ii) The new lower provision is deducted from debtors in the Balance Sheet. (4c) Provision for Discount on Debtors: This is an estimate of the cash discount that a business expects to give to its customers for early payment of debts. Treatment in Final Accounts: (i) It is shown as an expense in the Profit and Loss Account. (ii) It is deducted from the adjusted debtors (after deducting provision for doubtful debts) in the Balance Sheet. (4d) Provision for Discount on Creditors: This is an estimate of the cash discount the business expects to receive from its suppliers for prompt payment. Treatment in Final Accounts: (i) It is recorded as an income in the Profit and Loss Account. (ii) It is deducted from trade creditors in the Balance Sheet under current liabilities. (4e) Provision for Depreciation: This is an accounting estimate of the loss in value of a fixed asset due to wear and tear, usage, or obsolescence over time. Treatment in Final Accounts: (i) It is treated as an expense in the Profit and Loss Account. (ii) It is deducted from the cost of the related fixed asset in the Balance Sheet to show the net book value of the asset.

*WAEC FINANCIAL ACCOUNTING* *NUMBER ONE* (1a) (i) Surplus - Net profit (ii) Accumulated fund - Capital (iii) Receipts and payments account - Cash book (iv) Deficit - Net loss (v) Income and expenditure account - Profit and loss account (1b) (PICK ANY THREE) (i) A social club is formed to serve the interests of its members, while a limited liability company is established to make profits for its shareholders. (ii) A social club prepares an Income and Expenditure Account to determine surplus or deficit, while a limited liability company prepares a Profit and Loss Account to calculate net profit or loss. (iii) A social club receives its funds mainly from members’ subscriptions, donations, and grants, while a limited liability company raises funds through share capital, loans, and retained earnings. (iv) A social club uses any surplus to improve services or facilities for its members, while a limited liability company distributes its profits as dividends to shareholders or reinvests them into the business. (v) A social club is usually governed by the rules of its constitution or charity laws, while a limited liability company is regulated under company law with strict reporting and disclosure requirements.

WAEC FINANCIAL ACCOUNTING *NUMBER THREE* (PICK FIVE) (3) (i) In XYZ Ltd, Mr. Obi prepared financial statements with the primary aim of showing profitability, *while* in PQ Local Government/District Assembly, the focus is on demonstrating how effectively public funds are used to deliver services. (ii) The financial statements of a private company like XYZ Ltd typically include a Profit and Loss Account and a Balance Sheet, *whereas* in a public sector organization such as PQ Local Government, he would now prepare a Statement of Receipts and Payments and a Statement of Financial Position. (iii) The users of financial statements in a private company include shareholders, investors, and tax authorities, *but* in a local government setting, the primary users are the government, oversight bodies like the Auditor General, and the general public. (iv) While XYZ Ltd likely used the accrual basis of accounting, PQ Local Government/District Assembly may use the cash basis or a modified cash basis of accounting. (v) XYZ Ltd is financed through private sources such as equity and loans, *but* PQ Local Government is funded mainly through government subventions, grants, and internally generated funds. (vi) In his former role, Mr. Obi prepared financial reports according to the International Financial Reporting Standards (IFRS), *but* in his current role, he must follow the International Public Sector Accounting Standards (IPSAS). (vii) Budget reports in a private company are mostly internal documents and not a formal part of financial reporting, *whereas* in local government, budget performance and implementation are integral components of the financial reports. (viii) The financial reporting in XYZ Ltd emphasized profitability and return on investment, *but* in PQ Local Government/District Assembly, the emphasis is on accountability, transparency, and adherence to public financial regulations.

*WAEC ACCOUNT* (2ai) -Seller- Record of Sale: (i)It serves as proof of a sale transaction, documenting the goods or services sold, quantity, price, and date. (ii)It serves as an invoice to a formal request for payment from the buyer, specifying the amount owed and payment terms. (iii)It helps track inventory levels by showing what items have been sold, aiding in stock management. (2aii) -Buyer- (i)It serves as proof of purchase, useful for warranties, returns, and exchanges. (ii)An invoice is a record of the amount owed and the payment terms, aiding in budgeting and financial planning. (iii)It helps track business expenses for accounting and tax purposes. (2b) (i)Improved Organization: Separating the ledger into classes (e.g., sales, purchases, assets, liabilities) improves organization and makes it easier to find specific information. (ii)Enhanced Accuracy: Dividing the ledger reduces the risk of errors by categorizing entries, making it easier to audit and reconcile accounts. (iii)Better Analysis: Different classes of ledgers allow for more detailed financial analysis, helping businesses understand their performance in various areas.