WAEC Accounting 2023 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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The balance brought down at the end of the month is
- A. D478,300.
- B. D 323,500.Correct
- C. D 278,300.
- D. D 154,800.
Explanation
Total receipts (200,000+180,000+98,300=478,300) less total payments (40,000+73,400+28,600+12,800=154,800) leaves a closing balance of D323,500.
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