A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2013 · Q151 Mark

A company has the following expenses for the year. $ directors' salaries 140000 depreciation of delivery vehicles 87000 office salaries 90 000 loan interest 33000 discounts allowed 12000 What is the total of the administration overheads?

A$242000

B$263000

C$329.000

D$362000

✓ Correct answer

A: $242000

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2013 Paper 1 Variant 2, question 15.

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