AdmitMe
Accounts (Principles of Accounts) · Partnership accounts

Accounts (Principles of Accounts)Partnership accountsJAMB

When a partner retires, the amount due to him may be transferred to

Show answer

Answer: D. a loan account

It is repaid to him over time.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Partnership accountsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Partnership accounts questions