A) By Transferring the balance of his Drawings Account in the Debit side of Partners Capital Account.
B) By Transferring the balance of his Drawings Account in the Credit side of Partners Capital Account.
C) By Transferring the balance of his Drawings Account in the Debit side of Partners Current Account.
D) By Transferring the balance of his Drawings Account in the Credit side of Partners Current Account.
Correct Answer: C
Solution :
By Transferring the balance of his Drawings Account in the Debit side of Partners Current Account.You need to login to perform this action.
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