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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The amount brought into the business by the proprietor should be credited to __________. - Accountancy

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Question

The amount brought into the business by the proprietor should be credited to __________.

Options

  • Cash account

  • Drawings account

  • Capital account

  • Suspense account

MCQ
Fill in the Blanks

Solution

The amount brought into the business by the proprietor should be credited to Capital account.

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Balancing of Ledger Accounts
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Chapter 4: Ledger - Multiple choice questions [Page 77]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 4 Ledger
Multiple choice questions | Q I 6. | Page 77
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