Uneb uce accounts 2007

Uneb uce accounts 2007

SECTION A : 20 MARKS
1. Which one of the following accounts is a real account?
a) Capital account
b) Supplier’s account
c) Bank account
d) Customer’s account
2. What entries are made to record interest on drawing?
a) Dr. Drawings Account, Cr. Appropriation Account.
b) Dr. Current Account, Cr. Appropriation Account.
c) Dr. Appropriation Account, Cr. Current Account.
d) Dr. Appropriation Account, Cr. Drawings Account.

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