Jackie Had the Following Transactions in the Year

question 5

Multiple Choice

Jackie had the following transactions in the year. Put £180000 of her own money into the business bank account. Took out a 40 year lease on the premises at a cost of £80000, bought fixtures and fittings or £12000 which she thinks will last four years and then be worth nothing and a car for £15000 which she will use for three years and then sell or an estimated £3000. All assets are to be depreciated or amortised over their useful lives using straight line depreciation. What should the charge to the income statement be in total?

• A) £10000
• B) £8000
• C) £9000
• D) £7000

Understand the role of variance and standard deviation in quantifying data variability.

Recognize the purpose and methods of dealing with anomalous data.

Understand the principles and applications of contingency tables and how they show relationships between variables.

Recognize the various types of learning demonstrated by infants and young children.

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Definitions:

Unjust Enrichment

A legal concept where a person unfairly benefits at another's expense without a legally justified reason.

Breach of Contract

Occurs when one party fails to fulfill their obligations under a contract, leading to legal consequences.

Lottery Office

A place or establishment where lottery tickets are sold and winning tickets are redeemed.

Play Slip

A form or ticket used by players to select numbers for lottery games before purchase.