Skip to main content
O-LevelAccountingAccounting procedures7707/12 · May/June 2023 · Q231 Mark

Which item is added to the profit for the year in a partnership appropriation account?

Ainterest on capital
Binterest on drawings
Cpartners' drawings
Dpartners' salaries

✓ Correct answer

B: interest on drawings

Practise more questions on this topic

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.

Sign up free →

About this question

Topic
Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2023 Paper 1 Variant 2, question 23.

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

Related Accounting questions

© 2026 Oracle Prep