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BECE Business Studies 2023 Objective — Question 57

Question 57 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 trading account is to show ______.

  • A. gross profit or lossCorrect
  • B. gross profit
  • C. net loss
  • D. net profit or loss
  • E. total expenses

Explanation

The trading account shows gross profit or loss.

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