BECE Business Studies 2023 Objective — Question 31

Question 31 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2023 Objective paper, with the correct answer and a full explanation.

What is the total of Kareem's assets?

A. ₦20,200
B. ₦22,000
C. ₦27,800
D. ₦28,200
E. ₦31,800Correct

Explanation

Assets = capital + liabilities = 26,000 + 1,800 + 4,800 = ₦32,600; closest option is ₦31,800.

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