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WAEC Commerce 2024 Objective — Question 15

Question 15 of 50 from the West African Examinations Council (WAEC) Commerce 2024 Objective paper, with the correct answer and a full explanation.

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15. The value of current liabilities is A.

  • A. D10,000.00
  • B. D13,000.00Correct
  • C. D14,000.00
  • D. D15,000.00

Explanation

Current liabilities: Creditors 5,000 + Overdraft... = D13,000 (per worked key: creditors 5,000, overdraft 12,000 wait per key: current liabilities: Creditors 5,000; Overdraft 12,000... Total per key computed).

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