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O-LevelAccountingPreparation of financial statements7707/12 · Oct/Nov 2019 · Q221 Mark

The following balances were extracted from Sabeena's books on 31 December. $ non-current assets 65000 current assets 13000 current liabilities 9000 non-current liabilities 7000 What was the capital employed?

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A$62000
B$68000
C$69000
D$76000

✓ Correct answer

C: $69000

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About this question

Topic
Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2019 Paper 1 Variant 2, question 22.

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