Where fixed capitals are maintained, partners’ drawings are transferred to the
A credit capital account
B debit of capital accounts
C credit of partners’s current accounts
D debit of partners’ currents account
Answer is A
Tutors, Past Questions and Projects.
Where fixed capitals are maintained, partners’ drawings are transferred to the
A credit capital account
B debit of capital accounts
C credit of partners’s current accounts
D debit of partners’ currents account
Answer is A