Odd Account Out (ACCA FA)

Exercise and reference answers

Questions

1. Items

   1. Sales
   2. Rent income
   3. Interest received
   4. Purchases

   Odd item

   Purchases

2. Items

   1. Share capital
   2. Wages
   3. Electricity
   4. Depreciation

   Odd item

   Share capital

3. Items

   1. Receivables
   2. Payables
   3. Inventory
   4. Cash

   Odd item

   Payables

4. Items

   1. Discount allowed
   2. Carriage inwards
   3. Rent received
   4. Returns inwards

   Odd item

   Rent received

5. Items

   1. Goodwill
   2. Patents
   3. Trademarks
   4. Delivery van

   Odd item

   Delivery van

Instructions

Tap the account that does not belong with the others.