Tag: Clubs and Societies

Accounting Multiple Choice Question -5 October 2023

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

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Which transaction would appear in BOTH the receipts and payments account and the income and expenditure account of Milford cricket club?

Select ONE answer:

  1. the club bank balance
  2. the depreciation of the club pavilion
  3. the purchase of a motorised lawn mower
  4. the rent of the cricket ground

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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Accounting Multiple Choice Question – 10 August 2023

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

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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

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.