Question

amar and akbar are partners with capitals of rs 800000 and 600000 respectively they agree to share profits in the ratio of 5:3 show how the following transaction will be recorded in the capital a/c of the partners in case the capital are fixed ​

Answer 1

Answer:

When The Capita Account Is Fixed All Transactions Are Recorded Into In His Current Account. In Capital Account We Only Brought Down His Amounts Of Capital From Old Balance / Question.