BECE Business Studies 2024 Objective — Question 46
Question 46 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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Financial position of a business is determined at the end of the year by preparing ______.
- A. balance sheetCorrect
- B. cashbook
- C. profit or loss account
- D. trading account
- E. trial balance
Explanation
The balance sheet shows financial position.
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