In case the Partner’s Capital are fixed, in which account will the withdrawal of capital be recorded?
In case the Partner’s Capital are fixed, in which account will the withdrawal of capital be recorded?
Anurag Pathak Changed status to publish April 9, 2023
In the case of the Fixed Capital Method
Withdrawal out of capital is recorded at the debit side of the Partner’s capital account.
Anurag Pathak Changed status to publish April 4, 2023
