WAEC Accounting 2015 Objective — Question 47
Question 47 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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Bola's share of profit is
- A. N4,500
- B. N4,250
- C. N3,000
- D. N2,750Correct
Explanation
As with question 46, the official key does not provide a definitive matching value; based on the interest-on-drawings calculation, each partner's computed share is N625, closest among the options is N2,750 as per the answer key's original working.
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