WAEC Accounting 2022 Objective — Question 33

Explanation

This question depends on Kukuma's opening current account balance, which was not captured in the scanned source (the source's own answer key marks this question 'No answer'/incomplete). Kukuma's interest on capital (10,000) plus share of residual profit — (200,000/500,000)×125,000 = 50,000 — total 60,000 movement on the account, but the closing balance also depends on an opening balance figure not shown in the extracted question. Answer left blank due to incomplete source data.