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Question 1

Partners' share of profit is credited to

  • A.a partner's current account
  • B.a partner's capital account
  • C.the profit and loss account
  • D.the profit and loss appropriation account
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2015/2016
Question no.
#1
Type
Objective
Next · Q2 Which of the following is a strong feature of partnership?

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