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Question
Objective type questions.
Select appropriate alternatives from those given below and rewrite the sentences.
Excess of proportionate capital over actual capital represents.......................
Options
Equal capital
Surplus Capital
Deficit Capital
Gain
MCQ
Solution
Deficit capital
shaalaa.com
Capital Brought by New Partner
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RELATED QUESTIONS
Select the most appropriate answer from the alternative given below and rewrite the sentence.
Excess of proportionate capital over actual capital represents _________________.
If any asset is taken over by partner from the firm ______ account will be debited.
State 'True' or 'False'
A new partner is admitted in the firm for getting additional capital and skill.
