24 April 2016
Dear sir, Plz let me know the difference Between partners capital a/c and Partners current capital a/c... in which Case partners current capital a/c will be Open & what its purpose,
24 April 2016
Partners current capital account is the temporary capital nature, it will be running involving transactions which putting short term capital for the business and drawings
25 April 2016
in partner ship deep its written as Rs............. will be kept by each partner and after that amount will be kept in current a/c and intt will be taken or given as per partner ship deed