Give one difference between Partner’s Capital Account and Current Account.
Give one difference between Partner’s Capital Account and Current Account.
Anurag Pathak Changed status to publish April 9, 2023
Capital Account shows the transactions relating to the introduction or withdrawal of capital whereas Current Account shows the transactions sich as interest on capital, drawings, salary, commission, the share of profit/Loss, etc.
Anurag Pathak Changed status to publish April 9, 2023