Test Index

WAEC Accounting 2023 Paper

Question : 4

Total: 50

Solution:

Concept:

Total income in a cash book is the sum of all amounts received as income during the month.

Explanation:

The business received commission of

D\,180{,}000

The other receipts during February 2019 were

D\,98{,}000

To get the total income, add both amounts together.

D\,180{,}000 + D\,98{,}000 = D\,278{,}000

Therefore, the total income for the month of February 2019 is

D\,278{,}000

Answer:

D\,278{,}000

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