O-LevelAccountingAccounting procedures7707/11 · May/June 2017 · Q211 Mark

Which item may appear on the debit side of a partner's current account?

Ainterest on capital

Binterest on drawings

Csalary

Dshare of profit

✓ Correct answer

B: interest on drawings

Oracle Prep sorts past-paper questions by topic, so you can drill Accounting procedures and see which topics are most likely to come up next.

Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2017 Paper 1 Variant 1, question 21.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content