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1. Rita Trading paid its salaries for the month. As a result of this there will be a decrease in the firm's A Cash and

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1. Rita Trading paid its salaries for the month. As a result of this there will be a decrease in the firm's A Cash and expenses B. Liabilities and revenues C. Assets and revenues D. Liabilities and expenses 2. The following are revenue expenditure EXCEPT: A petrol for van B. replace tires for van C road tax for van D. buying a van 3. Rima Enterprise has a gross profit of RM3,000. The closing inventory and opening inventory are valued at RM5,000 and RM4,000 respectively. What is the total sales if total purchases is RM15,000 A. RM14,000 B. RM17,000 I C. RM28,000 D. RM15,000

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