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Answer in One Sentence Only. When is Partner’S Current Account Opened? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
When is partner’s current account opened?

एका वाक्यात उत्तर
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उत्तर

A Current Account is opened when the capital of the partners is to be kept unaltered. In such cases, all transactions relating to (except introduction and withdrawal of capital) interest on capital, interest on drawings, salary to partners, etc. are recorded in this account itself.

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पाठ 1: Introduction to Partnership - Exercise 1 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership
Exercise 1 | Q 9 | पृष्ठ १३
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