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WAEC Accounting 2015 Objective — Question 28

Question 28 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.

Using the same data, the closing capital is

A. D8,100
B. D7,400
C. D6,700Correct
D. D5,200

Explanation

Closing capital = D(4,200+3,200) − D700 = D6,700.

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