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BECE Business Studies 2022 Objective — Question 60

Question 60 of 119 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

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Which of the following does not appear on the debit side of profit and loss account?

  • A. Carriage outwards
  • B. Insurance
  • C. Office rent
  • D. Rent receivedCorrect
  • E. Salaries

Explanation

Rent received is income, so it goes on the credit side.

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