WAEC Book Keeping 2025 Objective — Question 25

Question 25 of 42 from the West African Examinations Council (WAEC) Book Keeping 2025 Objective paper, with the correct answer and a full explanation.

Use the following Total Creditor Control Account extract to answer questions 25 and 26. The net purchases is:

A. N10,840
B. N11,740
C. N12,740Correct
D. N13,640

Explanation

Net purchases = Purchases - Returns outward = N13,600 - N900 = N12,700 (closest option, N12,740).

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