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  5. Fundamentals of Partnership

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

  • question_answer
    If partners' capitals are fixed where will you record additional capital contributed by a partner?

    A) Cr. Side of Partner's Capital A/c

    B) Cr. Side of Partner's Current A/c

    C) Dr. Side of Partner's Capital A/c 

    D) Dr. Side of Partner's Current A/c

    Correct Answer: A

    Solution :

    Cr. Side of Partner's Capital A/c


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