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BECE Business Studies 2024 Objective — Question 51

Question 51 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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When goods are sold for ₦100,000 by cash, the double entry is ______

  • A. credit cash and credit sales.
  • B. credit sales and debit cash.Correct
  • C. debit purchase and debit cash.
  • D. debit sales and credit cash.
  • E. debit sales and debit cash.

Explanation

Cash received is debited; sales is credited.

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