Which of the following is not deducted from capital

Asked by admin @ 12/08/2021 in Accountancy viewed by 422 People

Which
of
the
following
is
not
deducted
from
capital?
1
Mark
(a)
Net
Loss
(b)
Drawings
(c)
Loan
(d)
Income
Tax

Answered by admin @ 12/08/2021

Answer:

loan is not deducted from capital it is shown as main head in liability side of balance sheet

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