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BECE Business Studies 2025 Objective — Question 42

Question 42 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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The purpose of preparing trading account is to determine ____.

  • A. closing stock
  • B. cost of goods sold
  • C. gross profitCorrect
  • D. net sales

Explanation

Gross profit.

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