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O-LevelAccountingPreparation of financial statements7707/12 · Oct/Nov 2012 · Q191 Mark

A trader provided the following information. cost of sales $70 000 expenses $8 000 profit for the year $14 000 What was the revenue?

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A$48 000
B$62 000
C$84 000
D$92 000

✓ Correct answer

D: $92 000

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About this question

Topic
Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2012 Paper 1 Variant 2, question 19.

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