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DK GOEL-ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS -Multiple Choice Questions (iv) Calculation Accounts of Partners (HOTS)
- Which accounts are opened when the capitals are fixed?
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- Which accounts are opened when the capitals are fluctuating?
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- Balance of partner's current accounts are :
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- Which item is recorded on the credit side of partner's current account...
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- If the Partners' Capital Accounts are fixed 'salary payable to partner...
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- It the Partner's Capital Accounts are fixed, interest on capital will ...
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- If the Partner's Capital Accounts are fluctuating, in that case follow...
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- Interest on partner's capitals will be debited to :
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- Interest on partner's capitals will be credited to :
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- For the firm interest on drawings is
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- Interest on Partner's drawings will be debited to :
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- If the Partner's Capital Accounts are fluctuating, in that case follow...
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- When partners' capital accounts are fixed, which one of the following ...
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- Interest on partner's drawings will be credited to
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- For the firm interest on capital is :
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