A-LevelAccountingCapital and Revenue ExpenditureOct/Nov 2013Paper 1 Q31 Mark
Anna owns a plumbing business. Costs for the year were $49500 for wages and $95000 for materials. These included $2200 labour and $540 materials used by Anna in the extension of the business premises. Additional planning and legal costs of the extension were $450. What was Anna's total revenue expenditure for the year?
A$141310
B$141760
C$142300
D$144500
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of capital and revenue expenditure within the Accountingsyllabus. The examiner's mark scheme requires...
📋 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...
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