O-LevelAccountingPreparation of financial statements7707/11 · May/June 2016 · Q131 Mark

A trader provided the following information. [Table: non-current assets $137000; current assets $44500; current liabilities $18000; non-current liabilities $15500] What was the capital employed?

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A$110500

B$148000

C$163500

D$179000

✓ Correct answer

C: $163500

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2016 Paper 1 Variant 1, question 13.

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A trader provided the following information. [Table: non-current assets $137000; current assets $44500; current liabilities $18000; non-current liabilities $15500] What was the capital employed?

✓ Correct answer

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