What is meant by fluctuating capital of partners? Post category:Accountancy Reading time:1 mins read SOLUTION Partner’s Capital is said to be fluctuating when the capital remains changing with every transaction in the Capital Account such as drawings, interest on capital etc. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by fixed capital of partners? Next PostWhat Accounts are maintained, (a) when the capitals are fixed? (b) when the capitals are fluctuating? You Might Also Like Distinguish between average profits and super profits. September 26, 2022 P, Q and R were partners in a firm sharing profits in the ratio of 5: 4: 3 respectively. Their capitals were Rs. 50.000. Rs. 40.000 and Rs. 30,000 respectively. Slate the ratio in which the goodwill of the Firm, amounting to Rs. 6,00,000. Will be adjusted in the capital accounts of the remaining partners on the retirement of Q. September 27, 2022 Ruchi Ltd. issued for public subscription 40,000 Equity Shares of Rs. 10 each at a premium of Rs. 2 per share payable as: July 15, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
P, Q and R were partners in a firm sharing profits in the ratio of 5: 4: 3 respectively. Their capitals were Rs. 50.000. Rs. 40.000 and Rs. 30,000 respectively. Slate the ratio in which the goodwill of the Firm, amounting to Rs. 6,00,000. Will be adjusted in the capital accounts of the remaining partners on the retirement of Q. September 27, 2022
Ruchi Ltd. issued for public subscription 40,000 Equity Shares of Rs. 10 each at a premium of Rs. 2 per share payable as: July 15, 2022