Accounting 0452 · IGCSE · The trial balance

The trial balance — practice question

Hussein's books showed the following balances. Fixtures $6000$ Inventory $3300$ Trade receivables $3000$ Trade payables $4500$ Other receivables $500$ Other payables $300$ Loan to Imran $1000$ Bank overdraft $1400$ What is the total amount of liabilities?

  • A$4800$
  • B$6200$
  • C$6400$
  • D$7200$

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