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BECE Business Studies 2025 Objective — Question 40

Question 40 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Business Studies 2025 Objective paper, with the correct answer and a full explanation.

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(Capital 2,000; Sales 1,000; Purchases 500; Stationery 100; Rent 100) What is the balance carried forward of the cashbook?

  • A. ₦3,500
  • B. ₦3,000
  • C. ₦2,500
  • D. ₦2,300Correct

Explanation

Receipts 3,000 − payments 700 = 2,300.

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