You are required to fill in the blanks with relevant accounting provisions with respect to the various aspects of Partnership.
Profit/Loss sharing ratio
Interest on capital
Interest on drawings
Interest on advances
Remuneration for firms work
If a partner carries on any business of the same nature as and competing with that of the firm
Partners Capital account balance under Fixed capital account
Partners Current account balance under Fixed capital account
In absence of any specific mention, partners capital accounts are maintained under which method?
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