Accountancy, asked by kareliahiral1234, 1 month ago

Show revaluation, partners capital account and balance sheet

Answers

Answered by ankitabareth200787
1

Answer:

The partnership capital account is an equity account in the accounting records of a partnership. It contains the following types of transactions: Initial and subsequent contributions by partners to the partnership, in the form of either cash or the market value of other types of assets.

Explanation:

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