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

  • question_answer
    Salary paid to a partner will be shown in:

    A) Profit and loss account

    B) Partners capital account only

    C) Profit and loss appropriation account

    D) Partners current account only

    Correct Answer: C

    Solution :

    Profit and loss appropriation account


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