Question

How many type of partner capital account

Answer 1

Answer:

A separate capital account is maintained for each partner. For example, there are three partners in a firm say, A, B, C. There will be three capital account – A's capital account, B's capital account, C's capital account.

Answer 2

Answer:

A separate capital account is maintained for each partner. For example, there are three partners in a firm say, A, B, C. There will be three capital account – A's capital account, B's capital account, C's capital account.

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