Give two circumstances under which the fixed capital of may change
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The following are the two circumstances under which the fixed capitals of partner may change.
(i) If any additional capital is introduced by the partner during the year.
(ii) If any part of capital is permanently withdrawn by the partner from the firm.
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The following are the two circumstances under which the fixed capitals of partner may change. (i) If any additional capital is introduced by the partner during the year. (ii) If any part of capital is permanently withdrawn by the partner from the firm.
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