In case of fluctuating capitals, where will you record drawings and interest on drawings? Post category:Accountancy Reading time:1 mins read SOLUTION On the debit side of Capital Account. 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 PostList any two items that may appear on the credit side of the Capital Account of a partner when the capitals are fluctuating. Next PostName the methods according to which partner’s capital accounts are maintained. You Might Also Like At the time of admission of a new partner in the firm, the new partner compensates the old partners for their loss of share in the Super Profits of the firm for which he brings in an additional amount which is known as__. (CBSE 2020) October 7, 2022 Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022 State any two reasons for the preparation of ‘Revaluation Account’ on the admission of a partner. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
At the time of admission of a new partner in the firm, the new partner compensates the old partners for their loss of share in the Super Profits of the firm for which he brings in an additional amount which is known as__. (CBSE 2020) October 7, 2022
Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022
State any two reasons for the preparation of ‘Revaluation Account’ on the admission of a partner. September 26, 2022
