Download App

Introduction to Partnership and Partnership Final Accounts — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyIntroduction to Partnership and Partnership Final Accounts1 Mark
Question
Adjustments are recorded in Partners Current Account in Fluctuating Capital method.
✓

Answer

Disagree

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Do you agree or disagree with the following statements" from Introduction to Partnership and Partnership Final Accounts→Introduction to Partnership and Partnership Final Accounts — all question types→Book Keeping & Accountancy STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

Final Accounts are prepared on the basis of Trial Balance and adjustments given.
→
A bill of exchange is a negotiable instrument.
→
Gross profit is an operating profit.
→
Calls-in-Arrears are also called unpaid calls.
→
The joint-stock company can raise a huge amount of capital.
→
The endorser is a creditor to the endorsee.
→
Carriage inward is a selling and distribution overhead.
→
Profit and Loss Account reflects the true financial position.
→
A profit and Loss Account is a Real Account.
→
The private placement method saves time and cost.
→