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O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2020 · Q31 Mark

The following balances appeared in Hussein's books. $ fixtures 6000 inventory 3300 trade receivables 3000 trade payables 4500 other receivables 500 other payables 300 loan to Imran 1000 bank overdraft 1400 What was the total of the liabilities?

A$4800
B$6200
C$6400
D$7200

✓ Correct answer

B: $6200

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 3.

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