A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2013 · Q161 Mark

Which items appear in the manufacturing account of a business? 1 closing inventory of finished goods 2 closing inventory of work in progress 3 carriage inwards 4 carriage outwards

A1 and 2

B1 and 3

C2 and 3

D2 and 4

✓ Correct answer

C: 2 and 3

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Preparation of financial statements and see which topics are most likely to come up next.

About this question

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 16.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Preparation of financial statementsFeb/Mar 20161m

Which is not an appropriation of partnership profit?

Preparation of financial statementsFeb/Mar 20161m

A limited company intends to issue shares at a price above the nominal value. Which items, apart from bank balance, w…

Preparation of financial statementsFeb/Mar 20161m

A company issues one million ordinary shares of $1 each at $1.30 per share. It also issues a debenture for $500000. W…

Budgeting and budgetary controlFeb/Mar 20161m

What are the main purposes of budgeting? 1 to control expenditure 2 to forecast future expenditure 3 to determine com…

The accounting cycleFeb/Mar 20171m

Which accounting treatments illustrate the use of the matching concept? 1 comparing the receipts and payments in the…

Accounting for non-current assetsFeb/Mar 20171m

Which item should be treated as capital expenditure?

← Browse all past-paper questions