MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Partnership Deed

Give three it...

Question

Give three items that may appear on the debit side of the Partner's Current Account

Open in App

Solution

(i) Interest on drawings, (ii) drawings, (iii) share of loss

Suggest Corrections

thumbs-up

0

Similar questions

Q. Mention the items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating.

Q. Give four items that may appear on the credit side of the Partner's Current Account

Q. List the item that may appear on the debit side of a Partner's Fixed Capital Account.

Q. Mention the items that may appear on the credit side of the Capital Account, when the partners capital are fixed.

List the items which may be debited or credited in capital accounts of the partners when

(i) Capitals are fixed

(ii) Capitals are fluctuating

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Analysing Capital Accounts

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Partnership Deed

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon