I’m doing Accounting for Partnerships. I am wondering if the current account of a partner affects the net profit? If so, how does a increase or decrease in a current account affect the net profit?

May 21, 2023/in Uncategorized /by Paul

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I’m doing Accounting for Partnerships. I am wondering if the current account of a partner affects the net profit? If so, how does a increase or decrease in a current account affect the net profit?

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