The Following Amounts Have Been Paid Out of the Business

Multiple Choice

The following amounts have been paid out of the business bank account. Purchase of van £9 000, petrol and car expenses £1 800, wages £7 000, £11 000 paid in by the owner, money taken out by the owner £2 000, money from sales £15 000, utility bills £1 200, rent of premises £5 000, purchases of goods resold £6 000. In addition the owner withdrew £1 500 in goods that the business had purchased during the period.
- what should be recorded as the change in the bank balance over the period?

A) £6000
B) -£6000
C) -£4500
D) £ 4500
E) None of the above