O-LevelAccountingSources and recording of data7707/11 · May/June 2013 · Q221 Mark

A trader took goods for her own use. How should this be recorded? | | account to be debited | account to be credited | |---|---|---| | A | drawings | purchases | | B | drawings | sales | | C | purchases | drawings | | D | sales | drawings |

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Adrawings purchases

Bdrawings sales

Cpurchases drawings

Dsales drawings

✓ Correct answer

A: drawings purchases

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2013 Paper 1 Variant 1, question 22.

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