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O-LevelCommerceFinance7100/12 · Oct/Nov 2011 · Q131 Mark

The diagram shows a statement of account. Orion Ltd Fashion Wholesalers 784 Brightside Anytown HARTBURN LTD Wholesalers Moorgate Road Sunderland May 2011 Date Details Debit Credit Balance owed $ 30 April Balance b/f 200.00 01 May Invoice No. 627 50.00 250.00 05 May Credit Note No. 45 10.00 240.00 06 May Cheque 200.00 40.00 26 May Invoice No. 695 600.00 X What is the value of X?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

A$440.00
B$560.00
C$640.00
D$730.00

✓ Correct answer

C: $640.00

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2011 Paper 1 Variant 2, question 13.

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