Question:
When a partner brings capital at the time of admission, it is credited to:
When a partner brings capital at the time of admission, it is credited to:
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Capital introduced is always credited to Capital A/c. Revaluation A/c deals with asset-liability adjustments.
Updated On: Jul 4, 2025
- Partner’s Capital Account
- Partner’s Drawing Account
- Partner’s Current Account
- Revaluation Account
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The Correct Option is A
Solution and Explanation
Capital introduced by a partner is always credited to their Capital Account. This increases their stake and forms part of the firm's liability towards that partner.
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