Sarthaks Test
0 votes
898 views
in Accounts by (64.1k points)

The accumulated profits reserves are transferred to 

(a) realisation account 

(b) partners’ capital account 

(c) bank account 

(d) None of these

1 Answer

0 votes
by (106k points)
selected by
 
Best answer

(b) Partners’ capital account

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...