The major distinguishing element between the final accoun...
The major distinguishing element between the final accounts of a partnership and a sole trader is the
Drawings account
Appropriation account
Capital account
Creditors account
Correct answer is B
No explanation has been provided for this answer.
Years Current Assets Liabilities Fixed Assets Capital ...
Which of the following should not be adjusted for in the profit and loss account? ...
Which of the following is a charge against profit? ...
Payment is shown in the Balance Sheet as ...
If a trail balance is in agreement, one of the statement is untrue ...
Which of the following is a strong feature of partnership? ...
What is the net profit made by department S? ...
Use the following information to answer the given question \(\begin{array}{c|c}year &am...