Accountancy, asked by bhairavipatil1702, 8 months ago

capital account in which pathners current account is not opened​

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Answered by Anonymous
11

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☞. .One is Fixed capital method and other is Fluctuating capital account method. In case of fixed capital method,current accounts are opened to record for all other adjustments like salary,commission,interest on capital,loans and drawings etc. Partners capital account shows a fixed balance year after year.

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 <marquee  \: behaviour = alternate><font \:color =red>Mr.nawabazade

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