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WAEC Accounting 2019 Objective — Question 27

Question 27 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.

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Ajem's current account balance was

  • A. A. GH¢ 65,000
  • B. GH¢ 60,000
  • C. GH¢ 42,000
  • D. GH¢ 40,000Correct

Explanation

From the current account working: Ajem's balance c/d = GH¢40,000 (per the official solution's partners current account table).

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