QUESTION 9 AND 10 DK GOEL BACK EXERCISE CLASS 12TH ACCOUNTS.PARTNERSHIP FUNDAMENTALS.
QUESTION NUMBER 9 & 10 FROM THE BOOK DK GOEL BACK EXERCISE. THIS QUESTION HAS BEEN TAKEN FROM THE FIRST CHAPTER THAT IS THE FUNDAMENTALS OF PARTNERSHIP ACCOUNTING. IN THIS QUESTION WE HAVE PREPARED PARTNER'S CAPITAL ACCOUNTS AND PARTNERS' CURRENT ACCOUNTS WHEN THE FIRM FOLLOWS THE FIXED CAPITAL ACCOUNT METHOD AND FLUCTUATING CAPITAL ACCOUNT METHOD. ALSO, WE HAVE PREPARED THE PROFIT AND LOSS APPROPRIATION ACCOUNT.
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