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BECE Business Studies 2024 Objective — Question 38

Question 38 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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What is the balance on the credit side of the trial balance?

  • A. ₦6,500Correct
  • B. ₦5,000
  • C. ₦4,500
  • D. ₦3,000
  • E. ₦1,000

Explanation

Capital + creditors = 5,000 + 1,500 = ₦6,500.

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