Accounting Multiple Choice Question – 11 March 2022

A, B and C are in partnership.

What would be shown in the partnership appropriation account?

1 goods taken for personal use of A
2 interest on a loan made by B
3 interest on drawings made by C

Select ONE answer:

1. 1 and 2
2. 1 and 3
3. 2 only
4. 3 only

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

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