If it is agreed between partners to share the profits in the capital ratio, current ac will be considered or - Accountancy - Introduction to Accounting

Question

If it is agreed between partners to share the profits in the
capital ratio, current ac will be considered or capital ac?

Shruti Mishra · Accepted Answer

Dear Student,
No, if it is agreed between partners to share the profits in the
capital ratio, current account will still not be considered as
capital account

Regards

If it is agreed between partners to share the profits in the capital ratio, current ac will be considered or capital ac?