WAEC Accounting 2018 Objective — Question 36
Question 36 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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The surplus for the year is
- A. ₦1,970Correct
- B. ₦1,890
- C. ₦1,690
- D. ₦1,390
Explanation
Total income (2,640) minus total expenditure (670) as per the receipts and payments summary gives a surplus of ₦1,970.
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