The capital contribution by the partners is treated in th...
The capital contribution by the partners is treated in the?
Current account
Capital account
Trading account
Balance sheet
Correct answer is B
Partnership capital account: Which shows the capital contribution of a partner, plus profits and minus losses and distributions.
A partner who has full power of participating in the conduct of a partnership business is a ...
The item on the credit side of the trading account is the? ...
Recognition of profit when goods are sold and the buyer takes ownership of them is in line with ...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
The fund in which all government receipt are paid is? ...
Given: Capital at the beginning...............N20000 Drawings.............................N3000 C...
The amount for which a business is sold is that ...