9706/11 Accounting May Jun 2022 Online Test | Cambridge AS and A Level MCQ

A business had calculated a draft profit for the year.
The following items have been discovered.
1 A customer has been declared bankrupt and is unable to pay the amount they owe.
2 Unsold goods on sale or return basis have been included in inventory.
3 Rent paid in advance has not been included.
4 The owner's cash drawings have been entered into the owner’s capital account.
Which…