Question

Arrange the following in the context of Accounting for partnership.
A. Preparation for Trading and Profit and Loss Account.
B. Calculation of divisble profit or Loss.
C. Preparation of profit and loss Appropriation Account.
D. Preparation of Balance Sheet.
E. Preparation of partner's capital Account.
Choose the correct answer from the given below :

• A. A, C, B, E, D
• B. A, C, E, B, D
• C. B, C, D, E, A
• D. C, D, E, A, B

Answer 1

Answer: (A)

A, C, B, E, D

Answer 2

The correct option is (A) :A, C, B, E, D.