Sentinum Limited presents the following balances in its financial statements for the years ended 30 April 2019 and 30 April 2018:
$\begin{array}{lcc}
& 2019 & 2018 \
& £ & £ \
\text { Interest payable at the end of the year } & 2,415 & 1,972 \
\text { Cash paid to lenders during the financial year } & 16,106 & 15,872
\end{array}$ Based on these numbers, what interest payable (finance expense) figure will be disclosed by Sentinum Limited in its statement of profit or loss for the financial year ended 30 April 2019?

Question

Sentinum Limited presents the following balances in its financial statements for the years ended 30 April 2019 and 30 April 2018:
$\begin{array}{lcc} 
& 2019 & 2018 \
& £ & £ \
\text { Interest payable at the end of the year } & 2,415 & 1,972 \
\text { Cash paid to lenders during the financial year } & 16,106 & 15,872
\end{array}$ Based on these numbers, what interest payable (finance expense) figure will be disclosed by Sentinum Limited in its statement of profit or loss for the financial year ended 30 April 2019?

Quizplus · Accepted Answer

The Answer of Sentinum Limited presents the following balances in its financial statements for the years ended 30 April 2019 and 30 April 2018:
$\begin{array}{lcc} 
& 2019 & 2018 \
& £ & £ \
\text { Interest payable at the end of the year } & 2,415 & 1,972 \
\text { Cash paid to lenders during the financial year } & 16,106 & 15,872
\end{array}$ Based on these numbers, what interest payable (finance expense) figure will be disclosed by Sentinum Limited in its statement of profit or loss for the financial year ended 30 April 2019?

Sentinum Limited Presents the Following Balances in Its Financial Statements