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In case the partners’ capitals are fixed, in which account withdrawal of capital is recorded? (C.B.S.E. 2020)

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

SOLUTION

Partners’ Capital Accounts.


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Previous PostGive two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C)
Next PostDev withdrew Rs. 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s drawings. (C.B.S.E. 2019)

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