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प्रश्न
Give the word/term or phrase which can substitute the following statement.
Under this method capital balances of partner remain constant.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Fixed Capital Method
Explanation:
Under Fixed Capital Account Method, capital balances of partners remain constant. In this method, a separate account known as Current Account is opened and all transactions related to interest on capital, drawings, remuneration of partners etc are recorded in it.
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