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*ONDO STATE BECE BUSINESS STUDIES*
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(1a)
Office correspondence is written communication used within or between offices to convey formal business information, such as letters, memos, and notices.

(1b)
(I) Invoice
(ii) Receipt
(iii) Delivery Note
(iv) Quotation

1c)
(I) Advertising
(ii) Warehousing
(iii) Transportation
(iv) Banking
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(2a)
Book-keeping is the orderly process of recording financial transactions of a business to track income, expenses, and overall financial position.

(2b)
(I) Commerce
(ii) Office Practice
(iii) Book-keeping
(iv) Typewriting

(2c)
https://postimg.cc/CzbH5tBd

Main Divisions:
(I) Trade
(ii) Aids to Trade

Sub-divisions of Trade:
(I) Home Trade
(ii) Foreign Trade

Examples of Aids to Trade:
- Advertising
- Banking
- Insurance
- Warehousing
- Transportation
- Communication
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(3)

Adedoyin Store
Balance Sheet as at October 2015

Assets
Cash – ₦100
Stock – ₦500
Debtors – ₦600
Building – ₦4,400
Machinery – ₦6,000
Total Assets = ₦11,600

Liabilities
Bank Overdraft – ₦3,200
Creditors – ₦400
Bank Loan – ₦2,450
Total Liabilities = ₦6,050

Capital
Capital – ₦5,000
Add Net Profit – ₦100
Total Capital = ₦5,100

Total Liabilities and Capital = ₦11,150
(Note: There's a ₦450 discrepancy between total assets and total liabilities + capital.)
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(4ai)
Stock-taking is the process of physically counting and recording the quantity and value of goods in stock at a specific time to verify inventory.

(4aii)
(I) Periodic Stock-taking
(ii) Continuous Stock-taking
(iii) Spot Checking

(4bi)
Punctuality is the quality or habit of being on time. It means doing things at the exact or agreed time, such as arriving at school or work early or submitting assignments when due. A punctual person is reliable and shows respect for time and commitments.

(bii)
Regularity means doing an activity consistently and without fail. It refers to maintaining a steady routine, such as attending school daily or completing tasks every day. Regularity promotes discipline, organization, and success.

(c)
(I) Land transportation
(ii) Air transportation
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COMPLETED ✅💯