2. Questions Bank
  3. Teaching
  4. Accountancy
  5. Final Accounts

Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    A trial balance as at 31st December, 2002 contains the following information 12% bank loan ` 40000, interest paid as ` 3800. Interest debited to the profit and loss account is

    A)  ` 44000                                               

    B)  ` 5000

    C)  ` 4800                                                

    D)  ` 1000

    Correct Answer: C

You need to login to perform this action.
You will be redirected in 3 sec spinner