Question:

Match List I with List II

LIST I

LIST II

AOnly Capital A/c existICredited to partner's capital account
BCapital account balance remain unchanged IIDebited to Partner's Capital Account 
CFresh/additional capital brought in by partnerIIIFixed Capital Account
DPermanent withdrawalIV Fluctuating Capital Account

Choose the correct answer from the options given below:

Updated On: Apr 19, 2024
  • A-I, B-II, C-III, D-IV
  • A-II, B-III, C-IV, D-I
  • A-IV, B-III, C-I, D-II
  • A-III, B-IV, C-I, D-II
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The Correct Option is C

Solution and Explanation

The correct option is (C): A-IV, B-III, C-I, D-II
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