A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2010 · Q191 Mark
The table shows extracts from the trial balance of a company at 31 December 2009. [Table showing ordinary share capital $750 000, 8% preference shares $250 000, 6% debentures (2015) $150 000, bank loan repayable (2012) $75 000, bank overdraft $110 000, mortgage on buildings (repayable 2010) $120 000] What is the total of non current liabilities in the balance sheet at 31 December 2009?
A$195 000
B$225 000
C$345 000
D$595 000
✓ Correct answer
B: $225 000
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