◈ Oracle PrepSign Up Free
O-LevelAccountingAnalysis and interpretation7707/13 · Oct/Nov 2021 · Q311 Mark

A trader provided the following information for the year ended 31 May 2021. $ trade payables on 1 June 2020 12 250 trade payables on 31 May 2021 42 000 credit purchases for the year 319375 What was the trade payables turnover (days) for the year ended 31 May 2021?

A31 days
B34 days
C48 days
D62 days

✓ Correct answer

C: 48 days

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Analysis and interpretation and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2021 Paper 1 Variant 3, question 31.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Analysis and interpretationMay/June 20131m

A business provided the following information for the year. profit for year: $24 000 expenses: $16 000 gross profit/s…

Analysis and interpretationMay/June 20131m

Which is used to calculate the current ratio but not the quick (acid test) ratio?

Analysis and interpretationMay/June 201318m

The following balances were extracted from the books of Alex Penn on 31 March 2013. $ Equipment (net book value) 400…

Preparation of financial statementsMay/June 20101m

Barry's sales for his first year of trading were $55 000. His gross profit margin was 20%. The closing inventory (sto…

Preparation of financial statementsMay/June 20101m

Which item will not appear in the appropriation account of a limited company?

Accounting proceduresMay/June 20101m

How is the factory cost of production calculated?

← Browse all past-paper questions

© 2026 Oracle Prep