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WAEC Accounting 2025 Theory — Question 4

Question 4 of 15 from the West African Examinations Council (WAEC) Accounting 2025 Theory paper, with the correct answer and a full explanation.

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2(b) Three advantages of dividing the ledger into different classes

Model answer

No. | Advantage 1 | Makes it easy for an accountant to know the class a transaction belongs to 2 | Eases the preparation of final accounts 3 | Makes it easy to trace errors and frauds

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