Mention two items that may appear on the credit side of a Partner’s Fixed Capital Account. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Opening Balance of Capital, and (ii) Additional Capital Introduced. 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 debit side of a Partner’s Fixed Capital Account. Next PostList any two items that may appear on the debit side of the Capital Account of a partner when the capitals are fluctuating. You Might Also Like A and B are partners sharing profits equally. A drew regularly Rs. 4,000 in the beginning of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022 Working Capital Rs. 1,80,000; Total Debts Rs. 3,90,000; Long-Term Debts Rs. 3,00,000. Calculate Current Ratio. August 10, 2022 What is Operating Ratio? How is it calculated? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners sharing profits equally. A drew regularly Rs. 4,000 in the beginning of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022
Working Capital Rs. 1,80,000; Total Debts Rs. 3,90,000; Long-Term Debts Rs. 3,00,000. Calculate Current Ratio. August 10, 2022