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

  • question_answer
    Match the following :
    (i) When drawings are made in the beginning of every month (a) 7.5 Average Period
    (ii) When drawings are made in the beginning of every quarter (b) 9 Average Period
    (iii) When drawings are made in the beginning of each half yearly (c) 6 Average Period
    (iv) When date of drawings are not given (d) 6.5 Average Period

    A) (i) d; (ii) b ; (iii) a ; (iv) c

    B) (i) d ; (ii) c ; (iii) b ; (iv) d

    C) (i) d; (ii) a ; (iii) b ; (iv) c

    D) (i) d; (ii) a; (iii) c , (iv) b

    Correct Answer: C

    Solution :

    (i) d; (ii) a ; (iii) b ; (iv) c


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