BECE Business Studies 2023 Objective — Question 34
Question 34 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2023 Objective paper, with the correct answer and a full explanation.
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The aim of the profit and loss account is to show ______.
- A. gross loss
- B. gross profit/loss
- C. net loss
- D. net profit/lossCorrect
- E. net profit
Explanation
The profit and loss account shows net profit or loss.
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