Start learning →

Which event increases a partner's capital account?

ACash withdrawal
BShare of a loss
CAdditional investment
DDrawings for the year
Answer & Solution
Correct answer: C. Additional investment
Further investments are credited to the capital account, whereas withdrawals and losses reduce it.
Practise this question with Quill — CA Foundation →

Keep practising Partnership Accounts

Browse all Partnership Accounts questions for CA Foundation, or explore more Accounting topics.

Start a Partnership Accounts lesson →
Related questions