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

  • question_answer
    Which of the following items are recorded in the profit & loss appropriation account of a partnership firm?

    A) Interest on Capital       

    B) Salary to Partner

    C) Transfer to Reserve

    D) All of these

    Correct Answer: D

    Solution :

    [d] All of these


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