Partners Capital A/c

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18 Points Posted on 31 July 2020
What does a debit to a partners capital account mean please elaborate with explanation.
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On 31 July 2020 at 19:30 Report
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A debit balance in a partner's capital account indicates a deficiency in that partner's capital. This means the partner owes more to the business than they have contributed. It essentially highlights a shortfall in their capital investment.

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2 Points Posted on 31 July 2020
Debit balance in partner's capital account means deficiency in partner's capital account
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On 31 July 2020 at 19:42
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Profession Business
28246 Points Posted on 03 August 2020
Debit balance in partners capital account means any deficiency.
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On 03 August 2020 at 17:34

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