Question:
Debit side of partner's current Account shows:
(A) Drawings made out of Capital
(B) Interest on Drawings
(C) Share of Loss on Revaluation
(D) Additional Capital Introduced
(E) Adjustment of Goodwill already appearing in Balance Sheet
Choose the correct answer from the options given below:
Debit side of partner's current Account shows:
(A) Drawings made out of Capital
(B) Interest on Drawings
(C) Share of Loss on Revaluation
(D) Additional Capital Introduced
(E) Adjustment of Goodwill already appearing in Balance Sheet
Choose the correct answer from the options given below:
(A) Drawings made out of Capital
(B) Interest on Drawings
(C) Share of Loss on Revaluation
(D) Additional Capital Introduced
(E) Adjustment of Goodwill already appearing in Balance Sheet
Choose the correct answer from the options given below:
Updated On: Sep 23, 2024
- (A), (B) and (C) Only
- (B), (C) and (E) Only
- (B), (D) and (E) Only
- (A), (C) and (D) Only
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The Correct Option is B
Solution and Explanation
The correct option is (B) :(B), (C) and (E) Only
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