2. Questions Bank
  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 statement is true?

    A) Fixed capital account will always have a credit balance

    B) Current account can have a positive or a negative balance

    C) Fluctuating capital account can have a positive or a negative' balance

    D) All of the above

    Correct Answer: D

    Solution :

    [d] All of the above


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