When partner’s capital accounts are fixed, which one of the following items will be written in
the partner’s capital accounts?
(a) Partner’s drawings.
(b) Additional capital introduced by the partners in the firm.
(c) Loan taken by partner from the firm.
(d) Loan advanced by partner to the firm.
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Option (b)
Additional capital introduced by the partners in the firm.
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Answer:
b) Additional capital introduction by the partners in the firm
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