Question: Answer with explanation within half hour will give you positive rating. Which one of the following will be recorded in the statement of financial position
Answer with explanation within half hour will give you positive rating.
Which one of the following will be recorded in the statement of financial position of the partnership :
a. Opening balance of capital from partners' capital account
b. Interest on capital from partners' capital account
c. Closing balance of capital from partners' capital account
d. Interest on drawings from partners' capital account
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