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O-LevelAccountingAccounting principles and policies7707/12 · May/June 2013 · Q131 Mark

Candy purchased a motor vehicle. She also paid for the cost of delivering the vehicle, insurance and fuel for the vehicle. Which would be included in Candy's income statement?

Adelivery cost, fuel, insurance
Bdelivery cost, fuel, insurance, motor vehicle
Cdelivery cost, motor vehicle
Dfuel, insurance

✓ Correct answer

D: fuel, insurance

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About this question

Topic
Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2013 Paper 1 Variant 2, question 13.

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