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

  • question_answer
    Which of the following items is not dealt through profit and loss appropriation account?         (CBSE SQP 2020-21)

    A) Interest on Partner's Loan

    B) Partner's salary

    C) Interest on Partner's Capital

    D) Partner's Commission  

    Correct Answer: A

    Solution :

    [a] Interest on Partner's Loan


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