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When the partner capitals are fixed, where will the drawing made by a partner be recorded? - Accountancy

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प्रश्न

When the partner capitals are fixed, where will the drawing made by a partner be recorded?

If the partner’s capital accounts are fixed, where will you record the following item?

Drawings made by a partner.

अति संक्षिप्त उत्तर
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उत्तर

Drawings made by a partner will be recorded in the debit of the partner’s current account when their capitals are fixed.

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अध्याय 1: Accounting for Partnership Firms - Fundamentals - SHORT ANSWER QUESTIONS [पृष्ठ १.१२९]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 1 Accounting for Partnership Firms - Fundamentals
SHORT ANSWER QUESTIONS | Q 29. (a) | पृष्ठ १.१२९
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