O-LevelAccountingAccounting proceduresOct/Nov 2025Paper 1 Q271 Mark
A sports club started running a café, selling hot and cold drinks and confectionery, on 1 January 2024. The following information is given for the year ended 31 December 2024. [Figure 27.1 - Table of café financial information] What is the profit on the café for the year ended 31 December 2024?
A$700
B$950
C$1200
D$1450
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The correct answer is C. This question tests the candidate's understanding of accounting procedures within the Accountingsyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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