Business Studies > 2020 PAPER II > 58

BECE/Junior WAEC


Use the following information to answer this question.

Okechuku enterprises extract as at 31st December, 2018.
Stock at 1/1/2018
Stock at 31/12/2018
Furniture and fittings
Equipment
Creditors
Debtors
Started business with cash
10,000
30,000
25,000
40,000
41,000
5,000
59,000



What is the capital?

A.
₦70,000
B.
₦59,000
C.
₦41,000
D.
₦35,000
E.
₦20,000

Answer: B

To see detailed solution to this question and thousands of other questions offline, download TestDriller BECE. Practice rigorously for BECE, enjoy educational games, dictionary, compete with your peers, win prizes and more.

Similar Questions

Practice with the best CBT software

Learn with innovative tools and excel in your forth-coming exam