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what should we do in case of a Partnership wen the Partners
capital account has debit balance???



what should we do in case of a Partnership wen the Partners capital account has debit balance???..

Answer / surabhi

debit balance of partner's capital account must be shown
on the asset side of the balance sheet because this is the
amount partners are supposed to bring into the business..

Is This Answer Correct ?    5 Yes 2 No

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