Question

45)current account of a partner...............
a)always shows a debit balance
b)always shows a credit balance
c)may show either debit or credit balance
d)none of the above

Answer 1

Answer:

b

Explanation:

normally partners current account has a credit balance but if a partner has withdrawn more than his or her share of profits then it will have a debit balabce

Answer 2

The current account of a partner can :

Have either Debit or Credit balance.

This will determine what happens at the Statement of Financial Position as a credit balance would be added and the debit balance would be subtracted from other partners current account balances.

Hope it helps and pls mark Brainliest