Where fixed capitals are maintained, partners’ drawings are transferred to the?

by Sunday | Mar 21 | Accounting WAEC | 0 comments

A. credit capital account
B. debit of capital accounts
C. credit of partners’ current accounts
D. debit of partners’ currents account

Correct Answer: Option A

A. credit capital account

Users Also Read These:

Recent Posts

Products

Halliday's Functions of Language Original price was: ₦1,000.00.Current price is: ₦300.00.
Functions of English in Nigeria Original price was: ₦1,000.00.Current price is: ₦300.00.
Innatist Theory and Mentalist Thought Original price was: ₦1,000.00.Current price is: ₦300.00.
Language Acquisition and Learning Original price was: ₦1,000.00.Current price is: ₦300.00.
Lesson Plan for SS2 Students Original price was: ₦1,000.00.Current price is: ₦300.00.

Product categories

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.