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  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

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

  • question_answer
    Which of the following items is not recorded in profit and Loss appropriation account?

    A) Interest on Partner’s Capital

    B) Amount of Partner’s Drawings

    C) Profit as per Profit and Loss

    D) Commission to a Partner

    Correct Answer: B

    Solution :

    [b] Amount of Partner’s Drawings


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