Accounting Multiple Choice Question – 21 November 2021

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

Accounting
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You are given the following invoice information concerning the purchase of a van by a local business.

  • purchase price – £13 000
  • delivery charge – £500
  • sign writing – £200
  • road tax – £200
  • tank of fuel – £50

How much should be debited to the NCA motor van account?

Select ONE answer:

  1. £13,500
  2. £13,700
  3. £13,900
  4. £13,950

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 ==> £13,000 + £500 + £200
  3. Not correct
  4. Not correct

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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