Multiple Choice
During 2016,Beta Ltd incurred expenses of $250 and earned a net profit of $50.Retained profits at 1 January 2016 stood at $70 and dividends declared and paid totalled $30.
-What were the revenues of Beta Ltd during 2016?
A) $200
B) $250
C) $300
D) $330
Correct Answer:
Verified
Correct Answer:
Verified
Q26: James has a business mowing lawns.On 31
Q27: The balance sheet of Hemp Ltd at
Q28: During the year,Grasso Ltd sold 2000 items
Q29: Consider the following transactions: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6113/.jpg" alt="Consider
Q30: The balance of retained profits at the
Q32: Which of the following is NOT an
Q33: Bruce operates a coffee stall at the
Q34: Shareholders invest $100 000 in a business.Inventory
Q35: During 2016,Lift Ltd earned revenues of $500
Q36: A company buys 60 refrigerators for $600