Home
Class 12
ACCOUNTS
For the firm interest on capital is :...

For the firm interest on capital is :

A

Capital Payment

B

Capital Receipt

C

Loss

D

Income

Text Solution

Verified by Experts

Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (v) Interest on Capital (HOTS)|6 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (vi) Interest on Drawings (HOTS)|26 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (iii) Calculation of Profit and Division of Profit among partners (HOTS)|14 Videos
  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Profitability Ratios)|13 Videos

Similar Questions

Explore conceptually related problems

For the firm interest on drawings is

It the Partner's Capital Accounts are fixed, interest on capital will be recorded: