Commerce Past Questions and Answers

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital	5000
Net Profit	1000
Furniture	2000
Equipment	2900
Debtors	100
Stock	1000
Bank	500

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___________