2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank Case Baesd - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Which of the following entry is not correct:

    A) Cash/ Bank A/c Dr. 50,000; S's capital A/c Cr. 50,000

    B) Cash/ Bank A/c Dr. 10,000; P's capital A/c Cr. 10,000

    C) R's Capital A/c Dr. 10,000; Cash/ Bank A/c Cr. 10,000

    D) Cash/ Bank A/c Dr. 40,000; S's capital A/c Cr. 40,000

    Correct Answer: D

    Solution :

    Cash/ Bank A/c Dr. 40,000; S's capital A/c Cr. 40,000


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