Accounting Multiple Choice Question – 4 March 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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The table below gives data about rental income for the year ended 31 March 2020. 

Which figure for rental income will appear in the Profit and Loss Account for the year ended 31 March 2020? 

Select ONE answer:

  1. £14,010
  2. £14,210
  3. £14,310
  4. £14,510

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 3

  1. Not correct
  2. Not correct
  3. Correct = £13,700 + £560 – £1,400 + £1,300 + £1,750 – £1,600
  4. Not correct

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