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WAEC Accounting 2025 Objective — Question 49

Question 49 of 50 from the West African Examinations Council (WAEC) Accounting 2025 Objective paper, with the correct answer and a full explanation.

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Total shareholders' fund is

  • A. GH¢370,000
  • B. GH¢355,000Correct
  • C. GH¢317,000
  • D. GH¢130,000

Explanation

Shareholders' fund = Ordinary shares + Income surplus = GH¢(130,000+225,000) = GH¢355,000.

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