by: Admin_LouisPosted on:

In converting a partnership into a limited liability company, the necessary accounts to be opened in the books of the company are

In converting a partnership into a limited liability company, the necessary accounts to be opened in the books of the company are

A business purchase account and ordinary share capital account

B Business purchase account, vendor account and ordinary share capital account

C business purchase account and vendor account

D ordinary share capital account, vendor account and unpaid share capital account

Answer is B

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