A-LevelAccountingPartnership AccountsFeb/Mar 2021Paper 1 Q141 Mark
Which items would appear in a partnership's appropriation account, in the absence of a partnership agreement? 1 profit for the year 2 partners' interest on drawings 3 partners' salaries 4 partners' share of profits
A1 and 4
B1 only
C2 and 3
D4 only
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of partnership accounts within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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