Section 3. Financial accounting (A Level) for Accounting, A Level - revisedeck

3. Financial accounting (A Level)

A section of Accounting, 9706

Listing 10 of 734 questions

The statements of financial position of Goh’s business showed the following: 30 June 2014 30 June 2015 net assets $152 000 $184 000 During the year ended 30 June 2015, Goh brought his own motor car into the business at the value of $14 000. The net book value of this motor car at 30 June 2015 was $13 200. He also withdrew $7900 cash from the business bank account. What was the profit for the year ended 30 June 2015?

9706_m16_qp_12

MCQ

2016

Paper 1, Variant 2

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What is evidence that a company’s financial statements are true and fair?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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The following items appear in the books of a builder. $ rent of own home 3 000 rent of builder’s yard 2 500 housekeeping expenses 2 000 overalls loose tools equipment 3 000 lorries 1 500 rates on business premises rent of business premises 3 500 assistant’s wages 3 000 What is the total business expenditure?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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Arun wishes to invest in a business with a skilled workforce which will make a profit in each of the next five years. Which aspect of financial statements helps Arun to decide where to invest?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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What is the purpose of a job cost sheet?

9706_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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What is the purpose of a job cost sheet?

9706_s12_qp_12

MCQ

2012

Paper 1, Variant 2

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What is evidence that a company’s financial statements are true and fair?

9706_s12_qp_13

MCQ

2012

Paper 1, Variant 3

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The following items appear in the books of a builder. $ rent of own home 3 000 rent of builder’s yard 2 500 housekeeping expenses 2 000 overalls loose tools equipment 3 000 lorries 1 500 rates on business premises rent of business premises 3 500 assistant’s wages 3 000 What is the total business expenditure?

9706_s12_qp_13

MCQ

2012

Paper 1, Variant 3

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Arun wishes to invest in a business with a skilled workforce which will make a profit in each of the next five years. Which aspect of financial statements helps Arun to decide where to invest?

9706_s12_qp_13

MCQ

2012

Paper 1, Variant 3

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Why would employees be interested in their employer’s financial statements?

9706_s18_qp_13

MCQ

2018

Paper 1, Variant 3

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Questions Discovered

734