Halidu and Hamed are business partners with N30,000 and N20,000 capital respectively. At the end of the financial year, a profit of N12,000, which included Halidu's salary of N3,000 was made.
Hamed's share of the profit should be
a
credited to partners' capital account
b
credited to partners' current account
c
credited to appropriation account
d
debited to partners' drawing account
Explanation
Correct Option
bNo explanation available
Video Explanation
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