Where fixed capital account is maintained, partners Share of profit is transferred to the

Accounts - Principles of Accounts WAEC 2019

Where fixed capital account is maintained, partners Share of profit is transferred to the 

  • debit side of the capital account
  • credit side of the capital account
  • credit side of partner's current account checkmark
  • debit side of partners current account

The correct answer is: C

Explanation

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