Waec Model Questions Vol1 2025 Financial Accounting Question 29
Practice objective / multiple choice question 29 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
In a double-entry accounting system, a company records a cash purchase of ₦15,000 and a credit sale of ₦25,000. If the company's total liabilities before these transactions were ₦40,000, what will be the new total liabilities after these transactions?
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About This Question
This is Waec Model Questions Vol1 2025 Financial Accounting Question 29. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Easy .
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