WAEC Accounting 2025 Objective — Question 50

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

The net assets of the company is

• A. GH¢705,000Correct
• B. GH¢610,000
• C. GH¢400,000
• D. GH¢115,000

Explanation

Net assets = Fixed assets + Working capital = GH¢495,000 + GH¢210,000 = GH¢705,000.

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