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Question Practice

How would a decrease in interest on capital affect the overall capital account balance in equity?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

How would a decrease in intere...

Single Answer MCQ
Q-00053674

How would a decrease in interest on capital affect the overall capital account balance in equity?

1

Increase the capital balance

2

Decrease the capital balance

3

No effect

4

Make withdrawals mandatory

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