2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    Interest on capitals of partners under the fluctuating capital accounts method is credited to:

    A) payable account 

    B) profit and loss account

    C) partners’ capital accounts 

    D) partners’ current accounts

    Correct Answer: C

    Solution :

    [c] partners’ capital accounts


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