Accounting WAEC

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

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

AddThis Website Tools
Sunday

Recent Posts

LSC 312 Theory Questions: Foundations of Scientific Inquiry and the Research Process

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

20 mins ago

LSC 313 Theory Questions: The Value of Research in Library Science and Reference Citation Methods

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

1 hour ago

LSC 313 Theory Questions: The Importance and Nature of Research in Library and Information Science

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

4 hours ago

LSC 313 Theory Questions: Sources of Literature for Academic Research: Types and Examples

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

5 hours ago

LSC 313 Theory Question: The Critical Role of Literature Review in Research

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

5 hours ago

LSC 313 Theory Questions: Research: Components, Classifications, and Instruments

300 Level  Department of Library and Information Science exam questions and detailed answers. Download the answers…

5 hours ago