Partners capital a/c vs partners current capital a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
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,
Regard
Subham singh
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,
Regard
Subham singh
CMA Ramesh Krishnan
(Expert)
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
Rupesh Jain
(Expert)
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
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