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When we use current account and …

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When we use current account and capital account in admission of partne

    • Posted by Preet Kaur 6 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Priya Singla 6 years, 4 months ago

    When amount of goodwill brought in cash by new partner then capical a/c is used & when amount of goodwill does not bring in cash then current a/c is used

    1Thank You

    Himanshu Jha 6 years, 4 months ago

    In case of fixed capital we use current account and in case of fluctuating capital we use capital account

    1Thank You

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