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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
    When partners’ capital accounts are fixed, which one of the following items will be written in the partner’s capital account?

    A) Partner’s drawings

    B) Additional capital introduced by the partner in the firm

    C) Loan taken by partner from the firm

    D) Loan advanced by partner to the firm

    Correct Answer: B

    Solution :

    [b] Additional capital introduced by the partner in the firm


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