Question

When only Partner's Capital Account is maintained all the adjustments are made in ______.

पर्याय

• Partners' Capital Accounts 

• Partners' Current Accounts 

• Cash Account 

• None of the above

Answer 1

When only Partner's Capital Account is maintained all the adjustments are made in Partners' Capital Accounts.

Explanation:

When only a Partner's Capital Account is maintained, all modifications are done in the Capital Account itself, with no need to open a separate account for this purpose.