Which of the following item will not be shown on the credit of partner's current A/c?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Balance b/d (in case of opening debit balance)
A partner’s current account is credited with what the firm owes the partner: his share of profit, salary, commission, interest on capital and an opening credit balance. An opening debit balance means the partner owes the firm, so it is brought down on the debit side.
Option (1) Profit & Loss Appropriation (share of profit) — Shown on the credit side. The share of profit is an amount due to the partner.
Option (2) Commission payable to partner — Shown on the credit side. Commission earned by the partner is a sum the firm owes him.
Option (3) Balance b/d (in case of opening debit balance) — Shown on the debit side (the answer). A debit balance carried forward from last year is brought down on the same side, the debit side.
Option (4) Salary payable to partner — Shown on the credit side. Salary due under the deed is also owed to the partner.
NCERT (2026-27 edition):
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