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List the items appear on credit …

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List the items appear on credit side of partners fixed capital account
  • 2 answers

Harsh Aggarwal 6 years, 11 months ago

(C) capital withdrawn

Gaurav Seth 6 years, 11 months ago

When Capitals are fixed

The following items are credited in the Partner's Capital Account when capital accounts are fixed.

(a) Opening balance of capital

(b) Additional capital introduced during an accounting year

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