Calculate the yearly income for Aku and Brako given their monthly incomes.

May 7, 2026Accounting

ScanSolve AI Answer

May 7, 2026

Answer

Monthly income of Aku $\times$ 12

Here are the solutions to the questions:

4. (a) (i) Step 1: Calculate the yearly income for Aku. Yearly income of Aku = Monthly income of Aku $\times$ 12 Yearly income of Aku = GH¢ $5,000.00 \times 12$ Yearly income of Aku = GH¢ $60,000.00$

Step 2: Calculate the yearly income for Brako. Yearly income of Brako = Monthly income of Brako $\times$ 12 Yearly income of Brako = GH¢ $6,500.00 \times 12$ Yearly income of Brako = GH¢ $78

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4. (a) (i) Step 1: Calculate the yearly income for Aku.

Asked on May 7, 2026Accounting

This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

ScanSolve AI AnswerAnswered on May 7, 2026

Here are the solutions to the questions: 4. (a) (i) Step 1: Calculate the yearly income for Aku. Yearly income of Aku = Monthly income of Aku × 12 Yearly income of Aku = GH¢ 5,000.00 × 12 Yearly income of Aku = GH¢ 60,000.00 Step 2: Calculate the yearly income for Brako. Yearly income of Brako = Monthly income of Brako × 12 Yearly income of Brako = GH¢ 6,500.00 × 12 Yearly income of Brako = GH¢ $78