Accounting Multiple Choice Question – 22 September 2022

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

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A trader does not keep double-entry records.

  • At the beginning of a period, suppliers are owed £43,600.
  • Payments of £197,320 were made in the period.
  • Suppliers are owed £35,390 at the end of the period.

What are the total purchases for the period?

Select ONE answer:

  1. £118,330
  2. £189,110
  3. £205,530
  4. £276,310

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 – £197,320 – £43,600 + £35,390 = £189,110
  3. Not correct
  4. Not correct

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