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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 - Fundamentals

  • question_answer
    Salary paid to the manager will be shown in:

    A) Profit and loss appropriation account

    B) Profit and loss account

    C) Partners capital account only 

    D) Partners current account only

    Correct Answer: B

    Solution :

    Profit and loss account


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