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AP
Question Practice

Which account reflects ongoing transactions such as interest on drawings?

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

Which account reflects ongoing...

Single Answer MCQ
Q-00082027

Which account reflects ongoing transactions such as interest on drawings?

1

Partner’s Capital Account

2

Investment Account

3

Partner’s Current Account

4

Profit and Loss Account

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Q4.

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