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AP
Question Practice

What must be done when a partner’s capital account shows a negative balance?

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

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

What must be done when a partn...

Single Answer MCQ
Q-00082034

What must be done when a partner’s capital account shows a negative balance?

1

Record it as an asset

2

Adjust it through additional contributions

3

Ignore it until the next period

4

Count it as a loan to the firm

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