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WAEC Financial Accounting 2025 Question 40

Question 40

Departmental Accounts

An item that would be apportioned in proportion to purchases of each department is

  1. A.bad debts.
  2. B.carriage outwards.
  3. C.discount received.
  4. D.discount allowed.
Show the answer and explanation

Answer: C (discount received.)

Explanation

Discount received comes from paying suppliers, so it is shared by purchases.