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WAEC Book Keeping 2024 Objective — Question 12

Question 12 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.

12. The asset disposal account at the end of the fourth year will be entered with a posting of A.

A. 250,000 credit.
B. 250,000 debit.
C. 50,000 credit.
D. 50,000 debit.Correct

Explanation

See working in the WAEC key.

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