Accounting Multiple Choice Question – 25 December 2020

The treasurer of a tennis club has provided the following information for a year.

What will the club’s Income and Expenditure account show?

Select ONE answer:

1. A surplus of £1,560
2. A surplus of £1,670
3. A surplus of £1,740
4. A surplus of £1,850

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct – (75 * £95) – (£850 + £110 – £95 + £4,700)
2. Not correct
3. Not correct
4. Not correct

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