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In this video I show how to prepare current account for partnership. Current account in partnership business is a common topic in accounting. I explain what the current account for a partnership is, and why we do it. I also go through an example of how to do the current account for partners in the general ledger (T Account) of the partnership and how to balance the current account. I calculate interest on capital, interest on drawings, and partners' profit share in the appropriation account. This free video lesson is for the students of Class 11, Class 12, B.COM, BBA, Cambridge IGCSE, GCSE, O Level, As Level, A Level, IB, CBSE, GCE, Edexcel Accounting Syllabuses, and any other accounting courses. Accounting Celebrity features accounting lessons for students which is a convenient way to learn Accounting. -------- You can connect me on social media. Links are below- / accountingce. . / accountingcele1 / accountingc. . / ashiqur-r. . -------- #accountingcelebrity #accountingtutorials #partnerships -------- TIMESTAMPS-- 00:00 Intro 00:50 What is current account 06:01 balance b/d 07:26 interest on capital 09:16 balancing -------- Accounting Celebrity / accountingc. . -------- Join My Facebook Group : / 12315. . -------- Please Like, Subscribe and Share this Tutorial to Support me... ► Business Inquiries ONLY [email protected]