Where fixed capitals are maintained in a partnership, share profits are
A Credited to partners capital accounts
B Credited to partners current accounts
C Debited to partners capital accounts
D Debited to partners current accounts
Answer is B
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Where fixed capitals are maintained in a partnership, share profits are
A Credited to partners capital accounts
B Credited to partners current accounts
C Debited to partners capital accounts
D Debited to partners current accounts
Answer is B
