BECE Business Studies 2024 Objective — Question 37
Question 37 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.
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Capital ₦5,000; Debtors ?; Creditors ₦1,500; Stock ₦2,500; Cash at bank ₦3,000. What is the amount of debtors?
- A. ₦3,000
- B. ₦2,500
- C. ₦2,000
- D. ₦1,500
- E. ₦1,000Correct
Explanation
Capital + creditors = 6,500 = debtors + 2,500 + 3,000, so debtors = ₦1,000.
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