Which of the Following Is True Regarding Salary To a Partner When The Firm Maintains Fluctuating Capital Accounts? - Bzziii.com

Which of the following is true regarding Salary to a partner when the firm maintains fluctuating capital accounts? (A) Debit Partner’s Loan A/c and
Which of the following is true regarding Salary to a partner when the firm maintains fluctuating capital accounts? 

(A) Debit Partner’s Loan A/c and Credit P & L Appropriation A/c. (B) Debit P & L A/c and Credit Partner’s Capital A/c. 
(C) Debit P & L Appropriation A/c and Credit Partner’s Current A/c. (D) Debit P & L Appropriation A/c and Credit Partner’s Capital A/c.




(D) Debit P & L Appropriation A/c and Credit Partner’s Capital A/c.






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