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Commerce · Q2081

Accounting

Graduate and Post Graduate · Commerce · question 2081

Q2081

Match List-I with List-II and choose correct answer: List-I List-II P. Partner's loan 1. Debit balance of profit and loss Q. Death of a partner 2. 6% interest R. Loss in business 3. Joint life insurance policy S. Revolution account 4. Profit and loss adjustment account

Match List-I with List-II and choose correct answer:
List-I List-II
P. Partner's loan 1. Debit balance of profit and loss
Q. Death of a partner 2. 6% interest
R. Loss in business 3. Joint life insurance policy
S. Revolution account 4. Profit and loss adjustment account
A.
P-2, Q-3, R-1, S-4
Answer
B.
P-1, Q-2, R-3, S-4
C.
P-3, Q-2, R-1, S-4
D.
P-4, Q-1, R-2, S-3

Answer: Option A

Solution

Answer: Option A
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