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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
MCQ
If fixed capital method is adopted, net divisible profit is transferred to $.........$ Account.
  • ✓
    Partner’s Current
  • B
    Partner’s Capital
  • C
    Profit and Loss
  • D
    Trading
✓

Answer

Correct option: A.
Partner’s Current

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