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प्रश्न
Why is it that the capital account of a partner does not show a “Debit Balance” in spite of regular and consistent losses year after year?
अति संक्षिप्त उत्तर
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उत्तर
The capital account of a partner does not show a debit balance because it reflects the partner’s initial contribution, which remains fixed. Losses are typically recorded in the current account and shared between partners, not in the capital account.
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