5.2 · Partnership accountsLesson 4 of 8
Capital accounts and current accounts
Capital stays fixed at what each partner put in. Current accounts carry every year's salary, interest, share and drawings.
Locked
Unlock the rest of O Level Accounting: Entities and Analysis (7707).
- Every lesson, every resource, unlocked instantly.
- Track progress and pick up where you left off.
- Free preview lessons stay readable from the outline.