Waec Model Questions Vol1 2025 Financial Accounting Question 37

Practice objective / multiple choice question 37 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 37 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A business recorded the following transactions in its books of original entry: Cash sales of ₦20,000, Credit sales of ₦15,000, and Cash purchases of ₦10,000. If the business has an opening balance of ₦5,000 in its cash account, what is the total amount recorded in the cash book for the month?

Answer Options

A. 25000
Correct Answer B. 15000
C. 20000
D. 10000
Correct Answer
B
Correct Option:
15000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 37. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

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