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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

State Whether the Following Statement Are True Or False. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement are True or False.

Partners’ current account always shows credit balance.

पर्याय

  • True

  • False

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उत्तर

False .

Explanation: It is not mandatory that the current account of a partner will always show a credit balance. It might show a debit balance when the partner has withdrawn more than his or her share of profits from the firm. Hence, the given statement is incorrect.

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पाठ 1: Introduction to Partnership - Exercise 4 [पृष्ठ १४]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership
Exercise 4 | Q 12 | पृष्ठ १४
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