Home » Accounts (Principles of Accounts) » The major distinguishing element between the final accounts of a partnership and a sole trader…The major distinguishing element between the final accounts of a partnership and a sole trader… The major distinguishing element between the final accounts of a partnership and a sole trader is the A. drawings account B. appropriation account C. capital account D. creditors account Correct Answer: Option B Explanation Related Posts An increase in government expenditure within a year is taken care of by means of An officer that is charged with the responsibility of carrying out investigations on the book… In the preparation of the trading account of omuya Ltd., the company included credit sales… The following account are prepared when goods are sent to branch except Sai Baba made sales of N10,000 having computed his gross profit % to sales to… The Unissued capital of the company is
