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When cash is received from a partner, on which side is it recorded in his capital account?साझेदार से नकद प्राप्त होने पर उसके पूंजी खाते में किस पक्ष में प्रविष्टि होती है?
Answer and explanationउत्तर और व्याख्या
Correct answer:सही उत्तर: Credit sideजमा पक्ष
When cash is received from a partner, his liability is reduced and capital account is credited. This happens when debit balance is recovered.साझेदार से राशि मिलने पर उसकी देनदारी कम होती है और पूंजी खाता जमा होता है। यह नाम शेष की वसूली में होता है।
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