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Class 12 Accountancy Partnership Accounts - Basic Concepts AdjustmentsEasy

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What is the simple rule to check final answer in adjustment questions?

Answer and explanation

Correct answer: Total debit and total credit must be equal

Adjustment entry also follows double entry system. Therefore total debit and credit must be equal.

Related tags

Final Check Debit Credit Adjustments Partnership Accounts Basic Concepts Accountancy Class 12 Mcq

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