Accountancy, asked by trishasingh33, 4 months ago

In case of Fixed Capital Method, current a/c of a partner will always have

Answers

Answered by Anonymous
2

Answer:

There is always a credit balance in the capital account of a partner.

I hope this will be help you.

Answered by sakcham90
0

Answer:

fixed capital account

Explanation:

Fixed Capital Accounts. Where the Capital Accounts are being maintained under "Fixed Capital Accounts" method, interest on capital is to be ...

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