O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2011 · Q11 Mark

Melanie provided the following information at the end of her financial year. $ non-current assets at cost 14 000 amount owing by customers 1 250 amount owing to suppliers 850 inventory 1 875 bank overdraft 365 What was Melanie's capital?

A$12 160

B$15 110

C$15 910

D$16 640

✓ Correct answer

C: $15 910

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Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2011 Paper 1 Variant 2, question 1.

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