Waec Model Questions Vol1 2025 Financial Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 28 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A company has the following transactions: Cash sales of ₦50,000, credit sales of ₦30,000, cash purchases of ₦20,000, and credit purchases of ₦10,000. What is the total amount of sales recorded in the double-entry system?

Answer Options

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

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 28. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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