A-LevelAccountingThe accounting cycle9706/12 · May/June 2025 · Q21 Mark

What is the correct double entry to record goods taken for own use by the owner of a business?

Adebit drawings, credit inventory

Bdebit drawings, credit purchases

Cdebit inventory, credit drawings

Ddebit purchases, credit drawings

✓ Correct answer

B: debit drawings, credit purchases

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Topic: The accounting cycle, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2025 Paper 1 Variant 2, question 2.

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