Here why we got TO CAPITAL ACCOUNT in cash or bank account and again why capital account balances are posted to credit of cash or bank account
Pandusml V
CA Final
★ 4K+
09-Mar-22 17:52
515
Answers (1)
This flows from capital accounts. The ones posted on debit side is the realisation loss which partners brought in. On the credit side, is the payment made to them finally