In fixed capital method, all adjustments for partner’s drawings, salary, interest on capital, etc. are posted in the:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) →
Partners’ Current Accounts
In fixed capital method, all adjustments for partner’s drawings, salary, interest on capital, etc. are posted in the:
Correct answer: option 2
The correct answer is Option (2) →
Partners’ Current Accounts