A-LevelAccountingAccruals and Prepayments / AdjustmentsFeb/Mar 2018Paper 1 Q101 Mark

A business has a draft profit for the year of $182750. The following adjustments have not yet been made. 1 a decrease of $2800 in the provision for doubtful debts 2 a prepayment of rent by the tenant of $3900 at the year-end What is the actual profit for the year?

Q: What is the correct answer to this A-Level Accounting question?

The correct answer is B: $181650.

Q: What topic does this question test?

This question tests Accruals and Prepayments / Adjustments in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

A$176050

B$181650

C$183 850

D$189450

✓ Correct Answer

The correct answer is B: $181650

📋 Examiner Report & Trap Analysis

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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Accruals and Prepayments / Adjustments in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Feb/Mar 2018 examination, Paper 1 Variant 2.

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