English

On retirement, the balance at a current Account of a partner is transferred to his _______ account. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

On retirement, the balance at a current Account of a partner is transferred to his _______ account.

Fill in the Blanks
Advertisements

Solution

On retirement, the balance at a current Account of a partner is transferred to his Capital account.

shaalaa.com
  Is there an error in this question or solution?
Chapter 4: Reconstitution of Partnership (Retirement of Partner) - Exercise 4.1 (Objective Questions) [Page 183]

APPEARS IN

Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 4 Reconstitution of Partnership (Retirement of Partner)
Exercise 4.1 (Objective Questions) | Q (D) 4. | Page 183
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×