O-LevelAccountingPreparation of financial statementsOct/Nov 2010 · Q231 Mark

Which would not appear in a balance sheet? A carriage inwards accrued B gross profit for the year C provision for depreciation of fittings D rent receivable prepaid

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2010). The mark or mark type is shown in brackets.

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Structured question, 1 mark.
Source: O-Level Accounting, Oct/Nov 2010 Variant 1, question 23.

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