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Give the Word / Term Or Phrase Which Can Substitute the Following Statement. Capital Method in Which Partner’S Current Account is Opened. - Book Keeping and Accountancy

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प्रश्न

Give the word / term or phrase which can substitute the following statement.

Capital method in which partner’s current account is opened.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Fixed Capital Method

Explanation: Under Fixed Capital Account Method, a partner’s Current Account is opened. In this method, the capital of the partners remains unaltered and all other transactions relating to interest on drawings, salary, etc. are recorded in the Current Account.

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अध्याय 1: Introduction to Partnership - Exercise 2 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Introduction to Partnership
Exercise 2 | Q 10 | पृष्ठ १३
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