O-LevelAccountingThe fundamentals of accountingOct/Nov 2010 · Q21 Mark

Which does not reduce the owner's capital? A business expenses paid using a personal cheque B cash withdrawn from the business bank account for personal use C goods taken from inventory (stock) for personal use D personal expenses paid using business cash

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2010). The mark or mark type is shown in brackets.

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Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Structured question, 1 mark.
Source: O-Level Accounting, Oct/Nov 2010 Variant 1, question 2.

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