WAEC Book Keeping 2025 Theory — Question 19

Question 19 of 40 from the West African Examinations Council (WAEC) Book Keeping 2025 Theory paper, with the correct answer and a full explanation.

Enter Mufutau's July 2020 transactions in Ledger Accounts and extract the Trial Balance as at 31st July 2020.

Model answer

See individual Ledger Accounts (Cash, Bank, Capital, Loan, Purchases, Rent, Sales, Furniture, Salaries) and the final Trial Balance table below - Trial Balance totals N825,000 = N825,000.

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