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The partner’s capital account prepared by Mr. Jose, an accountant in Gokul and Co, where Mr. Raman and Mrs. Seetha are partners, is given below. Rectify the errors, if any in the capital accounts prepared by him and show the partners capital accounts under fixed capital method. What should have been the profit of the firm as per profit and loss account? 

Partners Capital A/c

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Calculation of NP:

Capital A/c:

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