Commerce Past Questions and Answers

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018<br/>Initial Capital = 5000<br/>Net Profit = 1000<br/>Furniture = 2000<br/>Equipment = 2900<br/>Debtors = 100<br/>Stock = 1000<br/>Bank = 500<br/>From the above, calculate current liabilities

In a law of contract, what is given in exchange for a promise to perform is____________

In Nigeria, it is mandatory for all business enterprises to be registered with the____________

All but one does not provide an Indirect Service?

Examples of Commercial occupation are all except____________