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Give two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

(i) Drawings, (ii) Interest on Drawings.


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Previous PostWhy does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (CBSE 2020)
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