Partner's Salary is an appropriation - P&L Appropriation A/c Dr (A-II). Manager's Salary is a charge against profit - P&L A/c Dr (B-I). Distribution of Loss is posted to P&L Appropriation A/c Cr side (C-IV). Commission Received is an income - P&L A/c Cr (D-III).
Match List I with List II | List I | List II | | --- | --- | | A. Partner's Salary | I. P & L A/c Dr. | | B. Manager's Salary | II. P & L…
CUET UG 2022 — Accountancy Partnership
2022mcqmedium
Match List I with List II
| List I | List II |
|---|---|
| A. Partner's Salary | I. P & L A/c Dr. |
| B. Manager's Salary | II. P & L Appropriation A/c Dr. |
| C. Distribution of Loss | III. P & L A/c Cr. |
| D. Commission Received | IV. P & L Appropriation A/c Cr. |
Choose the correct answer from the options given below:
Official previous-year question
Held on 20 Aug 2022 · Verified 13 Jul 2026.
Options
- A
A - I, B - II, C - III, D - IV
- B
A - II, B - I, C - IV, D - III
- C
A - III, B - II, C - IV, D - I
- D
A - IV, B - III, C - II, D - I
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