. In case of fixed capital of partners, salary /commission /payable to the partner will be recorded on the___
Answers
Answered by
0
Answer:
profit and loss appropriation ac
Explanation:
because it's was distribution to patner
Answered by
1
Answer:
PARTNERS CURRENT ACCOUNT
Explanation:
IN FIXED CAPITAL METHOD: GENERALLY INITIAL CAPITAL CONTRIBUTIONS BY THE PARTNERS ARE CREDITED TO PARTNERS CAPITAL ACCOUNT AND ALL SUBSEQUENT TRANSACTIONS AND EVENTS ARE DEALT WITH THROUGH PARTNERS CURRENT ACCOUNTS
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