A-LevelAccountingPreparation of financial statements9706/12 · May/June 2012 · Q101 Mark

The table shows information about four partners in a partnership. Which partner has the greatest net reward from interest on capital and interest on drawings? fixed capital $ annual drawings $ 20 000 30 000 20 000 50 000 60 000 30 000 60 000 50 000

✓ Correct answer

C: C

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2012 Paper 1 Variant 2, question 10.

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