Question
Accountancy Question on Capital Account
Match LIST I with LIST IILIST I
| LIST II
---|---
A| Goodwill written off | I| Credit side of Profit and Loss A/c
B| Partner's Salary | II| Debit side of Partner's Capital A/c
C| Bad Debts Recovered| III| Debit side of Profit and Loss A/c
D| Manager's Commission| IV| Credit side of Partner's Capital A/c
Choose the correct answer from the options given below
A
(A)-(I), (B)-(II), (C)-(III), (D)-(IV)
B
(A)-(II), (B)-(IV), (C)-(III), (D)-(I)
C
(A)-(II), (B)-(III), (C)-(IV), (D)-(I)
D
(A)-(II), (B)-(IV), (C)-(I), (D)-(III)
Answer
(A)-(II), (B)-(IV), (C)-(I), (D)-(III)
Explanation
Solution
The correct option is (D) : (A)-(II), (B)-(IV), (C)-(I), (D)-(III)