Free account: track your progress — Sign up free

WAEC Accounting 2013 Objective — Question 21

Question 21 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.

Advertisement

(Using the same information as Q20) Sales for the year is

  • A. ₦45,795
  • B. ₦42,080
  • C. ₦41,580Correct
  • D. ₦39,720

Explanation

Dr: Debtors control A/c; Bal b/d 1,215 + Sales(balancing figure) = Cash 40,650 + Bal c/d 2,145; Sales = 40,650+2,145−1,215 = 41,580.

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.