Accounting Online Program Certification Practice Test 2026 - Free Certification Practice Questions and Study Guide

To determine the total accrued income amount recorded at Jeremiah plc's year end, it is essential to understand the concept of accrued income. Accrued income refers to income that has been earned but not yet received in cash by the end of the accounting period. This can include unpaid bills for services rendered, interest that has been earned but not yet paid, or any other source of income that the company has a right to receive.

In this scenario, the amount of £4,500 likely reflects the total income that Jeremiah plc has earned during the accounting period but has not yet collected by the year end. This figure is recorded as an asset on the balance sheet under current assets, since it signifies income the company expects to receive in future periods.

The other amounts presented in the choices may represent supplementary figures or different types of income or expenses that do not accurately capture the total accrued income. Therefore, £4,500 is the correct total accrued income recorded, indicating the company has indeed earned this amount, even though cash has not yet been received.