Commerce and Accounting · JCE / Final accounts

StructuredPast exam questionForm 3 · JCE

Answer the following about drawings.

  1. aOn which side of the ledger is the balance b/d of the Drawings Account? [1]
  2. bState the effect of drawings on the Statement of Financial Position. [1]

You'll mark your own answer against the marking guide when you hand it in.

Source: BEC JCE Commerce and Accounting 2019, Paper 1, Question 16
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