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O-LevelAccountingThe fundamentals of accounting7707/12 · May/June 2013 · Q191 Mark

Melissa made payments to the following suppliers. Which suppliers is a service business?

Aname of business: M1 Insurance Company, reason for payment: cost of motor insurance
Bname of business: Music & Move Company, reason for payment: purchase of car radio
Cname of business: PJ Garages Ltd, reason for payment: cost of motor vehicle
Dname of business: The Petrol Station, reason for payment: purchase of petrol

✓ Correct answer

A: name of business: M1 Insurance Company, reason for payment: cost of motor insurance

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2013 Paper 1 Variant 2, question 19.

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