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WAEC Accounting 2022 Objective — Question 49

Question 49 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.

The total current asset is

A. D367,350
B. D345,850
C. D87,850
D. D65,850Correct

Explanation

Current assets = Stock + Debtors + Cash = 35,000 + 18,000 + 12,850 = D65,850.

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