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AP
Question Practice

Which account shows a debit balance in the event of wrongful appropriation of profits?

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 shows a debit ba...

Single Answer MCQ
Q-00081996

Which account shows a debit balance in the event of wrongful appropriation of profits?

1

Partner's Capital Account

2

Partner's Current Account

3

Drawings Account

4

Profit and Loss Appropriation Account

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Q4.

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