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WAEC Accounting 2021 Objective — Question 22

Question 22 of 50 from the West African Examinations Council (WAEC) Accounting 2021 Objective paper, with the correct answer and a full explanation.

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Commercial activities undertaken by a social club to raise funds include

  • A. donation
  • B. barCorrect
  • C. grant
  • D. subscription

Explanation

At times, social clubs operate a bar as a commercial activity to raise funds for the organization.

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