Name the accounts which are maintained for the partners when capitals of the partners are fixed. (AI 2014 C) Post category:Accountancy Reading time:1 mins read SOLUTION (a) Partners’ Capital Accounts;(b) Partners’ Current Accounts. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostRitesh and Hitesh are childhood friends, Ritesh is a consultant whereas Hitesh is an architect. They contributed equal amounts and purchased a building for Rs. 2 crores. After a year, they sold it for Rs. 3 crores and shared the profits equally. Are they doing the business in partnership? Give reason in support of your answer. (Delhi and AI 2018) Next PostWhat is meant by ‘Fixed Capital’ of a partner? (Delhi 2016 C) You Might Also Like What do you mean by Convertible Preference Shares? September 28, 2022 Deepika and Rajshree are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019 their Balance Sheet was: August 2, 2022 Under which type of activity will you classify ‘Refund of Income Tax received’ while preparing the Cash Flow Statement? October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Deepika and Rajshree are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019 their Balance Sheet was: August 2, 2022
Under which type of activity will you classify ‘Refund of Income Tax received’ while preparing the Cash Flow Statement? October 4, 2022