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FIN611 SOLVED QUIEZ FILE BY MANO

Posted: Thu Dec 06, 2012 4:48 pm
by abdulsaboor
FIN611 SOLVED QUIEZ FILE BY MANO

Re: FIN611 SOLVED QUIEZ FILE BY MANO

Posted: Thu Dec 06, 2012 4:51 pm
by abdulsaboor
:text-thankyouyellow: MANO

Re: FIN611 SOLVED QUIEZ FILE BY MANO

Posted: Tue Dec 11, 2012 2:19 am
by MSBA_124
Two quizzes which are including in this file with doubted answer but now confirmed.... you can chk the reference link.. if m wrong than let me know... :)


jazakAllah


Here the quizzes
================
QUESTION: Which of the following account will be credited for distribution of profit to partners?
Select correct option:

Profit and loss account
Profit and loss appropriation account
*Partner’s capital accounts *
Cash account


QUESTION: Which of the following account will be credited for salary payable to partners against the distribution of profit?
Select correct option:

Profit and loss account
Profit and loss appropriation account
*Partner’s capital accounts *
Salaries account


Reference:
http://www.futureaccountant.com/partner ... iation.php