Free account: track your progress — Sign up free

BECE Business Studies 2023 Objective — Question 39

Question 39 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2023 Objective paper, with the correct answer and a full explanation.

Advertisement

A statement that shows the assets and liabilities of a business on a specific date is ______.

  • A. balance sheetCorrect
  • B. bank statement
  • C. cash book
  • D. journal book
  • E. trading account

Explanation

The balance sheet shows assets and liabilities on a date.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.