JSCE Business Studies 2024 Objective — Question 32

Question 32 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

Capital used in starting up business will be recorded in ______

A. left side upper
B. debit side
C. credit sideCorrect
D. right side upper

Explanation

Capital is owed by the business to the owner, so it is recorded on the credit side.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Business Studies 2024 Objective More Business Studies past papers