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P1 C1 INTRODUCTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C1 INTRODUCTION OF PARTNERSHIP1 Mark
MCQ
Generally, capital account has $.......$ balance.
  • A
    Debit
  • B
    Debit or credit
  • ✓
    Credit
  • D
    None of the given
✓

Answer

Correct option: C.
Credit

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