(i) | Drawing against Profit | (a) | Partners current a/c (Credit side) |
(ii) | Drawing Against capital | (b) | Partners current a/c (Debit side) |
(iii) | Interest on Capital (Charge against profit) | (c) | Partners' capital a/c (Credit side) |
(iv) | Additional capital | (d) | Partners' capital a/c (Debit side) |
A) (i) b ; (ii) c ; (iii) a ; (iv) d
B) (i) b ; (ii) d ; (iii) c ; (iv) a
C) (i) d ; (ii) b ; (iii) a ; (iv) c
D) (i) b ; (ii) d ; (iii) a ; (iv) c
Correct Answer: D
Solution :
(i) b ; (ii) d ; (iii) a ; (iv) cYou need to login to perform this action.
You will be redirected in
3 sec