Accountancy, asked by tshruti055, 5 days ago

. In case of fixed capital of partners, salary /commission /payable to the partner will be recorded on the___​

Answers

Answered by sangeeta0040
0

Answer:

profit and loss appropriation ac

Explanation:

because it's was distribution to patner

Answered by AllenGPhilip
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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