Question
Accountancy Question on Capital Account
| Match List I with List II LIST I | LIST II |
|---|---|
| A | Only Capital A/c exist |
| B | Capital account balance remain unchanged |
| C | Fresh/additional capital brought in by partner |
| D | Permanent withdrawal |
Choose the correct answer from the options given below:
A
A-I, B-II, C-III, D-IV
B
A-II, B-III, C-IV, D-I
C
A-IV, B-III, C-I, D-II
D
A-III, B-IV, C-I, D-II
Answer
A-IV, B-III, C-I, D-II
Explanation
Solution
The correct option is (C): A-IV, B-III, C-I, D-II