Accountancy, asked by palakprajapati451, 4 months ago

which items are entered in partner's current account​

Answers

Answered by Anonymous
67

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  • In the case of partnership type of ownership in a business, partner current accounts is prepared when capital is fixed. Transactions such as drawings,salary,and interest on capital and drawings ate recorded. The balance of this account fluctuates every year. The balance can be both credit or debit
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