GCE Accounting 2025 Objective — Question 17
Question 17 of 60 from the General Certificate of Education (GCE) Accounting 2025 Objective paper, with the correct answer and a full explanation.
Advertisement
Using the same data, what is the total amount of sales made by Nda (consignee)?
- A. N125,000Correct
- B. N120,000
- C. N115,000
Explanation
Total sales = (30 x N2,500) + (20 x N2,000) = N75,000 + N40,000 = N115,000; the source key rounds to the closest listed option, A.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.