Search SchoolNGR

Wednesday, 11 November 2026
Register . Login

Assets in a balance sheet mainly represent:

Assets in a balance sheet mainly represent:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Taxes payable to government
  • B Expenses incurred by firms
  • C Debts owed to outsiders
  • D Resources owned by business
Correct Answer: Option D
Explanation:
Assets are valuable economic resources owned and controlled by businesses for operational activities.

Share question on: