Interactive workbook: Multiple-choice-questions 6.11 - Introduction to Accounting 2e Student Resources

. Ryan Limited's financial statements for the year ended 30 April 2021 present the following figures:

	2021		2020
	£	£
Finance expense	8,750	9,250
Interest payable accrual at the end of the year	430	380

What were Ryan Limited's cash payments for interest payable (finance expense) in the financial year ended 30 April 2021?

£8,700

£8,800

£9,200

£9,300

. Dwayne Limited's financial statements for the year ended 30 September 2021 present the following figures:

	2021		2020
	£	£
Finance expense	10,300	9,800
Interest payable accrual at the end of the year	750	820

What were Dwayne Limited's cash payments for interest payable (finance expense) in the financial year ended 30 September 2021?

£9,870

£10,230

£10,300

£10,370

. Marta Limited's financial statements for the year ended 30 June 2021 present the following figures:

	2021		2020
	£	£
Finance expense	5,600	5,700
Interest payable at the end of the year	350	400

What were Marta Limited's cash payments for interest payable (finance expense) in the financial year ended 30 June 2021?

£5,550

£5,600

£5,650

£5,750

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