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प्रश्न
State Whether the following Statement is True or False:
If a partner's capital account is debited, it increases his capital.
चूक किंवा बरोबर
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उत्तर
The statement is false.
Explanation:
If a partner's capital account is debited, it decreases his capital balance. A credit to the capital account increases the partner's capital, while a debit reduces it.
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