WAEC Accounting 2013 Objective — Question 33
Question 33 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.
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(Using the same information as Q32) The total expenditure for the period is
- A. Le319,000
- B. Le270,000
- C. Le139,000
- D. Le109,000Correct
Explanation
Expenditures are recorded in the credit side of the receipt and payment account; thus, it is the total of the credit side which totaled Le109,000.
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