Want Info Regarding Partnership & Exams

Ravi Gupta (Student of CA-IPCC CS and M.COM)   (243 Points)

19 September 2010  
Dear friends and sir plz answer this regarding Partnership. If partens are maintaining Fixed Capital A/c then The Fresh Capital introduced by a partner in Cash is where posted.? Whether in Partner Current A/c or in Partner Capital A/c.. 2nd question is that is it necessary to write Narration in Journal entries, I am asking this due to time constrants.. 3rd question, How should I attempt the Pcc Accounts Paper.? I mean any strategy or which questions should be Answered first.. Plz anyone help me and give expert advise on my all 3 questions.. Thanx in advance..