Gce Model Questions Vol1 2020 Financial Accounting Question 43
Practice objective / multiple choice question 43 from the 2020 Gce Model Questions Vol1 Financial Accounting examination.
The trial balance of a company includes the following items (all amounts in £): Sales — credit £100,000; Purchases — debit £40,000; Opening stock — debit £12,000; Closing stock — debit £15,000; Salaries — debit £18,000; Rent — debit £5,000; Capital — credit £50,000. The Sundry expenses account is missing. What amount should be recorded in Sundry expenses so that the trial balance balances?
Answer Options
About This Question
This is Gce Model Questions Vol1 2020 Financial Accounting Question 43. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.