WAEC Accounting 2022 Objective — Question 41

Question 41 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.

Amount reimbursed at the end of the month was

A. GH¢8,000
B. GH¢7,456Correct
C. GH¢6,966
D. GH¢6,928

Explanation

Total amount spent from the petty cash book (excluding the entry to restore the float itself) totalled GH¢7,456 — this is the amount reimbursed to restore the imprest float.

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