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

  • question_answer
    In a partnership, manager’s commission is shown in:

    A) profit and loss account

    B) profit and loss appropriation account

    C) balance sheet

    D) None of the above

    Correct Answer: A

    Solution :

    [a] profit and loss account


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