Waec Model Questions Vol1 2017 Financial Accounting Question 39
Practice objective / multiple choice question 39 from the 2017 Waec Model Questions Vol1 Financial Accounting examination.
During the month of April the following transactions were recorded in the General Journal of ABC Ltd.: 1. Bought goods on credit from Supplier X for ₦120,000. 2. Paid cash to Supplier X ₦70,000. 3. Sold goods for cash ₦150,000. 4. Purchased equipment for cash ₦30,000. 5. Received cash from a debtor ₦40,000. What is the total amount recorded on the debit side of the General Journal for April?
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About This Question
This is Waec Model Questions Vol1 2017 Financial Accounting Question 39. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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