A-LevelAccountingDouble Entry BookkeepingFeb/Mar 2025Paper 1 Q21 Mark
On the first day of a financial period, before trading started, a business owner introduced her personal items to the business, consisting of goods costing $5000. Which entries should have been made to record this?
Aaccount debited: drawings, account credited: purchases
Baccount debited: inventory, account credited: capital
Caccount debited: inventory, account credited: drawings
Daccount debited: purchases, account credited: capital
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of double entry bookkeeping 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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