Multiple Choice Questions on It the Partner rsquo s Capital Accounts are fixed interest on capital will be recorded ........ for Commerce 12th Preparation

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Multiple Choice Questions

It the Partner rsquo s Capital Accounts are fixed interest on capital will be recorded ........

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    It the Partner’s Capital Accounts are fixed, interest on capital will be recorded:

    On the credit side of Current Account

    Correct Answer

    On the credit side of Capital Account

    Incorrect Answer

    On the debit side of Current Account

    Incorrect Answer

    On the debit side of Capital Account

    Incorrect Answer
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    Explanation:

    On the credit side of Current Account

    By: santosh
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