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The capital contribution by the partners is treated in the?

The capital contribution by the partners is treated in the?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Current account
  • B Capital account
  • C Trading account
  • D Balance sheet
Correct Answer: Option B
Explanation:
partnership capital account: Which shows the capital contribution of a partner, plus profits and minus losses and distributions.

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