Accounting Multiple Choice Question – 2 April 2021

The table below shows an extract taken from the final accounts of a limited company.

The only acquisitions and disposals were those stated above.

What will be the net cash outflow as a result of these transactions? 

Select ONE answer:

1. £103,500
2. £108,500
3. £110,000
4. £115,000

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 2

1. Not correct
2. Correct – £100,000 + £10,000 – £1,500
3. Not correct
4. Not correct

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