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O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2012 · Q211 Mark

Nirmal, a business consultant, provided the following information. profit for the year $23 400 rent received from tenant $1 520 general expenses $39 760 loan interest paid $1 230 What was the total of the fees received from clients?

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A$60 410
B$61 930
C$62 870
D$63 160

✓ Correct answer

C: $62 870

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Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2012 Paper 1 Variant 2, question 21.

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