Answer:
the changes in each partner's capital account and in total partnership capital during a period.
Explanation:
A partners' capital statement explains - the changes in each partner's capital account and in total partnership capital during a period (for an year or reported period).
The statement starts with balance of opening capital, increased by additional capital, share of profit etc & decreased by drawings, share of loss etc. These all adjustments & extra adjustments for goodwill adjustment, reserve distribution etc - gets us final closing capital.
