Where partners maintain a fluctuating capital account, pa...
Where partners maintain a fluctuating capital account, partners' share of profit is credited to
Capital account
Profit and loss appropriate account
Current account
Profit and loss account
Correct answer is A
No explanation has been provided for this answer.
Which of the following account is kept by local governments in Nigeria? ...
Which of the following belongs to the normal ledger? ...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
All cash transactions of a not-for-profit making organization are recorded in ...
Which of the following indicate that a partnership business is in place? (i) There is a busin...