Multiple Choice
The following transactions,among others,occurred during February.Which transaction represented an expense during February?
A) Purchased a computer for $3000 cash.
B) Paid $3300 in settlement of a loan obtained three months earlier.
C) Paid $500 to a garage mechanic for automobile repair work performed in December.
D) Purchased $400 of petrol on account for the delivery trucks.Account will be paid during March.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Which of the following is NOT a
Q50: If the last wages bill for the
Q51: The summarised balance sheet of Apcor Ltd
Q52: To which balance sheet grouping does the
Q53: Which of the following statements about a
Q55: Sales less cost of goods sold equals:<br>A)
Q56: During the year,Grasso Ltd sold 2000 items
Q57: Which of the following is an intangible
Q58: Wages of $30 000 were paid in
Q59: During the year ended 30 June 2016,March