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
    How would you close the partner’s drawings account?

    A) By transfer to capital or current account debit side

    B) By transfer to capital account credit side

    C) By transfer to current account credit side

    D) Either b. or c.

    Correct Answer: A

    Solution :

    [a] By transfer to capital or current account debit side


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