All the increases or decreases occur within the partnerâs capital accounts. In. other words, the partner capital accounts are the equity accounts. If a partner. makes a capital contribution, then his/her capital account is increased (credit).
Sponsored Topics. Glen Rose is a city in Somervell County, Texas, United States. The population was 2,122 as of the 2000 census. It is the county seat of Somervell County. The general location is 60 miles (100 km) Southwest of Fort Worth. Glen Rose is part of the Granbury micropolitan area.
Its county seat is Longview. The county is named after John Gregg, a Confederate general killed in action during the American Civil War. Gregg County is part of the Longview, TX Metropolitan Statistical Area as well as the LongviewâMarshall, TX Combined Statistical Area. Discovery of oil near Kilgore, Texas in October 1920 was the beginning of an oil boom that attracted workers to the county and expanded the population by more than 500% by 1940, according to the census.