Accounting Multiple Choice Question – 10 August 2023

Which item would NOT be found in the accounts of clubs and societies?

Select ONE answer:

1. accumulated fund
2. income and expenditure
3. drawings
4. surpluses and deficits

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 3

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

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