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Where fixed capital account is maintained, partnersShare of profit is transferred to the
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2019
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Where fixed capital account is maintained, partners Share of profit is transferred to the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Debit side of the capital account
B
Credit side of the capital account
C
Credit side of partner's current account
D
Debit side of partners current account
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
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