Waec Model Questions Vol1 2025 Financial Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 18 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A sole trader has the following transactions: Cash sales of ₦50,000, credit sales of ₦30,000, and cash purchases of ₦20,000. What is the total revenue recognized in the accounting records?

Answer Options

A. ₦90,000
B. ₦60,000
Correct Answer C. ₦80,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 18. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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