CUET Accountancy - Identify the correct statement from the given below :- | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Accountancy

Medium

common

Partners' Current Account will never be shown in Assets side of the Balance Sheet.

Partners' Current Account will either be shown in Assets side of the Balance Sheet or be shown in Liabilities side of the Balance Sheet.

Partners' Current Account will always be shown in Liabilities side of the Balance Sheet.

Partners' Current Account will always be shown in Assets side of the Balance Sheet.

✅ Correct Option: 2

CUET Accountancy 2025 2 June Shift 2 PYQs