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The balance of the capital account of retired partner is transferred to his ______ account if it is not paid. - Book Keeping and Accountancy

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Question

The balance of the capital account of retired partner is transferred to his ______ account if it is not paid.

Options

  • Loan

  • Personal

  • Current

  • Son’s

MCQ
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Solution

The balance of the capital account of retired partner is transferred to his loan account if it is not paid.

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