Accounting 0452 · IGCSE · Partnerships

Partnerships — practice question

Kasi and Ravi are partners in a partnership. The financial statements for the year ended 31 August 2021 showed that Ravi had earned interest on capital and interest on loan, and had been charged interest on drawings. Which entries should be recorded in Ravi’s current account?

    Worked solution & mark scheme

    This 1-mark question has a full step-by-step worked solution and mark scheme.

    • Full mark scheme, point by point
    • Step-by-step worked solution
    • Write your answer & get it marked instantly by AI