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wrong expense MCQ Questions for Class 12

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Question 1/1 Hard Accountancy Partnership Accounts - Basic Concepts Capital Accounts Class 12 Level 6

यदि साझेदार का निजी खर्च फर्म ने चुकाया लेकिन उसे लाभ हानि खाते में खर्च मान लिया गया तो पूंजी खाते पर क्या प्रभाव छूट जाएगा?

If firm paid partners personal expense but treated it as Profit and Loss expense what effect on capital account is missed?

Explanation opens after your attempt
Correct Answer

A. साझेदार खाते में आहरण जैसा डेबिट छूट जाएगाDebit like drawings in partner account will be missed

Step 1

Concept

Personal expense is partners drawings not firm expense. It should have been debited to partner account.

Step 2

Why this answer is correct

The correct answer is A. साझेदार खाते में आहरण जैसा डेबिट छूट जाएगा / Debit like drawings in partner account will be missed. Personal expense is partners drawings not firm expense. It should have been debited to partner account.

Step 3

Exam Tip

निजी खर्च साझेदार का आहरण है फर्म का खर्च नहीं। इसे साझेदार खाते में डेबिट करना चाहिए था।

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