O-LevelAccountingThe fundamentals of accounting7707/11 · Oct/Nov 2011 · Q21 Mark

Melanie provided the following information at the end of her financial year. $ non-current assets at cost 14 000 amount owing by customers 1 250 amount owing to suppliers 850 inventory 1 875 bank overdraft 365 What was Melanie's capital?

A$12 160

B$15 110

C$15 910

D$16 640

✓ Correct answer

C: $15 910

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill The fundamentals of accounting and see which topics are most likely to come up next.

About this question

Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2011 Paper 1 Variant 1, question 2.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Melanie provided the following information at the end of her financial year. $ non-current assets at cost 14 000 amount owing by customers 1 250 amount owing to suppliers 850 inventory 1 875 bank overdraft 365 What was Melanie's capital?

✓ Correct answer

Practise more questions on this topic

About this question

Related Accounting questions