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Telfer Smith's Statement of Financial Position at 31 December Shows

Question 19

Multiple Choice

Telfer Smith's statement of financial position at 31 December shows the following balances: Telfer Smith's statement of financial position at 31 December shows the following balances: There were no long-term liabilities. What is the total of Telfer Smith's capital at 31 December? A) £64 500 B) £120 500 C) £84 500 D) £140 500 There were no long-term liabilities.
What is the total of Telfer Smith's capital at 31 December?


A) £64 500
B) £120 500
C) £84 500
D) £140 500

Correct Answer:

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