If the partners capital accounts are fixed, where will you record the following items


               i)     Salary to a partners
               ii)    Drawing by a partners
               iii)  Interest on capital and
               iv)   Share of profit earned by a partner ?

Ans.    i)    Credit side of Partner's current A/c
               ii)   Debit side of Partner's current A/c
               iii)  Credit side of Partners current A/c
               iv)  Credit side of Partners current A/c

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