Home
Class 12
ACCOUNTS
If a partner takes over an asset, such (...

If a partner takes over an asset, such (Partner’s Capital Account) is —— (debited/credited).

Text Solution

Verified by Experts

The correct Answer is:
B, D
Promotional Banner

Topper's Solved these Questions

  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Short Answer Questions|6 Videos
  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Long Answer Questions|4 Videos
  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Test your Understanding – II|8 Videos
  • CASH FLOW STATEMENT

    NCERT|Exercise Numerical Questions|12 Videos
  • FINANCIAL STATEMENTS OF A COMPANY

    NCERT|Exercise Long Answer Questions|8 Videos