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O-LevelAccountingThe fundamentals of accounting7707/11 · May/June 2023 · Q301 Mark

Hassan's capital decreased by $200 over the year, even though he made a profit of $7000. Which transactions caused this?

Acapital introduced: $1000, drawings: $8200
Bcapital introduced: $1200, drawings: $6000
Ccapital introduced: $2000, drawings: $8800
Dcapital introduced: $2200, drawings: $4600

✓ Correct answer

A: capital introduced: $1000, drawings: $8200

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2023 Paper 1 Variant 1, question 30.

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