WAEC Book Keeping 2024 Objective — Question 18
Question 18 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.
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18. The net value of the debtors in the balance sheet is A.
- A. #500,000
- B. #475,000
- C. #450,000
- D. #427,500Correct
Explanation
Net value of debtor = 500,000-50,000-22,500 = 422,500 (closest option D).
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