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

  • question_answer
    Pick the odd one out keeping in mind that Partners Capitals are fluctuating:

    A) Drawings against the profit   

    B) Some part of Capital withdrawn permanently

    C) Asset taken over by the partner against his capital 

    D) Liability taken over by partner

    Correct Answer: D

    Solution :

    Liability taken over by partner


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