A-LevelAccountingPreparation of financial statements9706/12 · Feb/Mar 2025 · Q151 Mark

X, Y and Z are in partnership. What would be shown in the partnership appropriation account? 1 goods taken for personal use of X 2 interest on a loan made by Y 3 interest on drawings made by Z

A1 and 2

B1 and 3

C2 only

D3 only

✓ Correct answer

D: 3 only

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2025 Paper 1 Variant 2, question 15.

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