Accounting Multiple Choice Question – 15 March 2021

A business owner suspects a loss of cash has occurred. He provides the data shown below.

How much cash has been lost?

Select ONE answer:

1. £200
2. £250
3. £300
4. £350

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 4

1. Not correct
2. Not correct
3. Not correct
4. Correct ==> -£150 + £10,200 + £100 – £10,500 = -£350 loss

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