Question 27

Use the following information to answer the question below

\(\begin{array}{c|c}
& 1/7/10 & 30/6/11 \\
& D & D \\
\hline
\text{Stock} & 1,460 & 4,200 \\
\hline
\text{Motor Car} & 3,600 & 3,200 \\
\hline
\text{Creditors} & 600 & 700
\end{array}\)
Drawings during the year amounted to D1,500.

Opening capital is

  • A.D5,660
  • B.D5,060
  • C.D4,460
  • D.D2,960
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2015
Question no.
#27
Type
Objective

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