How is the premium paid on the JLP of the partners treated ? It is…. – InterviewSolution

1.	How is the premium paid on the JLP of the partners treated ? It is….to the….. accounts. (a) credited, partner’s current account (b) credited, profit & loss account (c) debited, partner’s capital account (d) debited, profit & loss account
Answer» (d) debited, profit & loss account

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