Question

A partner’s capital account was credited with ₹ 80,000 during the year. Which of the following can be the possibility for such a credit in his capital account?

विकल्प

• Opening Balance

• Drawings during the year

• Loss during the year

• Capital introduced

Answer 1

Capital introduced

Explanation:

When a partner’s capital account is credited, it means the partner’s capital has increased.

• Capital introduced → increases the partner’s capital → credited 
• Opening balance → is an existing balance, not a transaction for the year.
• Drawings → reduce capital → debited 
• Loss during the year → reduces capital → debited