Accountancy, asked by jagadevinayak79, 2 months ago

The balance of the capital account of retired partner is transferred to his ______ account.

Answers

Answered by itzbhumi24

3

ANSWER-:

CAPITAL ACCOUNT

capital is the correct answer for ur questions!

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Answered by jubedabegum87355

2

Answer:

The Balance in the retiring or deceased partner's capital account is transferred to the capital account in the profit sharing ratio.

Explanation:

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