WAEC Accounting 2015 Objective — Question 18
Question 18 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.
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What was the amount charged to the profit and loss account in respect of advertising for the year ended June 30, 2012?
- A. GH₴36,000Correct
- B. GH₴30,000
- C. GH₴27,000
- D. GH₴24,000
Explanation
The amount charged to the profit and loss account covers the full 12 months of the year: GH₴3,000 × 12 = GH₴36,000.
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