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WAEC Accounting 2014 Objective — Question 34

Question 34 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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Using the same information, Bee's share of profit is

  • A. Le8,000
  • B. Le6,000
  • C. Le4,800Correct
  • D. Le3,200

Explanation

Bee's share = 8,000 − Aye's share (3,200) = Le4,800.

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