Arpinum Limited Presents the Following Balances in Its Financial Statements

question 23

Multiple Choice

Arpinum Limited presents the following balances in its financial statements for the years ended 31 July 2019 and 31 July 2018:
$\begin{array}{lcc} & 2019 & 2018 \\& £ & £ \\\text { Interest receivable at the end of the year } & 55 & 45 \\\begin{array}{l}\text { Statement of profit or loss interest receivable } \\\text { (finance income) for the year }\end{array} & 542 & 522\end{array}$ Based on these figures, what interest received figure will be disclosed by Arpinum Limited in its statement of cash flows for the financial year ended 31 July 2019?

• A) £442
• B) £512
• C) £532
• D) £552

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Definitions:

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