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Answer in One Sentence Only. What Are the Methods of Maintaining Partners’ Capital Accounts? - Book Keeping and Accountancy

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Question

Answer in one sentence only.
What are the methods of maintaining partners’ capital accounts?

One Line Answer
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Solution

There are two methods of maintaining partners’ capital accounts:-
1. Fixed Capital Method
2. Fluctuating Capital Method

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Chapter 1: Introduction to Partnership - Exercise 1 [Page 13]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Introduction to Partnership
Exercise 1 | Q 11 | Page 13
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