WAEC Accounting 2017 Objective — Question 29
Question 29 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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29. Which of the following accounts or statement is used to determine credit purchases figure in an Incomplete Records?
- A. A. Bank Account
- B. B. Control AccountCorrect
- C. C. Profit and Loss Account
- D. D. Statement of Affairs
Explanation
Control account is used to determine total debtors and creditors in an incomplete record.
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