List any two items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Drawings; (ii) Interest on Drawings. 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 PostMention two items that may appear on the credit side of a Partner’s Fixed Capital Account. Next PostList any two items that may appear on the credit side of the Capital Account of a partner when the capitals are fluctuating. You Might Also Like Achal and Vichal were partners in a firm sharing profits in the ratio of 3 : 5. On 31st March, 2019, their Balance Sheet was as follows: July 25, 2022 State any one occasion for the dissolution of the firm on Court’s orders. (Delhi 2017 C) October 8, 2022 Alok Ltd. issued 7,000, 10% Debentures of Rs. 500 each at a premium of Rs. 50 per debenture redeemable at a premium of 10% after 5 years. According to the terms of issue, Rs. 200 was payable on application and balance on allotment. Record necessary Journal entries at the time of issue of 10% Debentures. July 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Achal and Vichal were partners in a firm sharing profits in the ratio of 3 : 5. On 31st March, 2019, their Balance Sheet was as follows: July 25, 2022
State any one occasion for the dissolution of the firm on Court’s orders. (Delhi 2017 C) October 8, 2022
Alok Ltd. issued 7,000, 10% Debentures of Rs. 500 each at a premium of Rs. 50 per debenture redeemable at a premium of 10% after 5 years. According to the terms of issue, Rs. 200 was payable on application and balance on allotment. Record necessary Journal entries at the time of issue of 10% Debentures. July 16, 2022