Day: December 30, 2023

Accounting Multiple Choice Question – 30 December 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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The capital balance of Alex Trading, who is a sole trader, would change as a result of?

Select ONE answer:

  1. A credit customer paying by cheque
  2. Raw materials being purchased on credit
  3. Non-current assets being purchased on credit
  4. A personal petrol expense of Alex being paid for out of the business’s petty cash

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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