Kamal and Kapil are partners having fixed capitals of Rs 5, 00, 000 each as on 31st March, 2017 Kamal introduced further captial of Rs 1,00,000 on 1st October, 2017 whereas Kapil withdrew Rs 1,00,000 on 1st October, 2017 out of capital Interest on capital is to be allowed 10 p a The firm earned ne...

Date Dr Profit and Loss Appropriation Ac To Kamals Current Ac To Kapils ...

Kamal and Kapil are partners having fixed capitals of Rs.5, 00, 000 each as on 31st...

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Accounting Principles

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Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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