Which capital accounts always show a credit balance? (CBSE 2020) Post category:Accountancy Reading time:1 mins read SOLUTION Fixed Capital accounts always show a credit balance. 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 PostDistinguish between ‘Fixed Capital Account’ and ‘Fluctuating Capital Account’ on the Basis of Credit Balance. (Al 2017, COSE 2019) Next PostState any one difference between Fixed Capital Accounts and Fluctuating Capital Accounts of partners. (Al 2014 C) You Might Also Like Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? July 21, 2022 Current Liabilities of a company are Rs. 6,00,000. Its Current Ratio is 3: 1 and Liquid Ratio is 1: 1. Calculate value of Inventory August 12, 2022 Joy Ltd. issued 1 ,00.000 equity shares of Rs. 10 each. The amount was payable as follows: September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ram and Mohan, two partners, drew for their personal use Rs. 1,20,000 and Rs. 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? July 21, 2022
Current Liabilities of a company are Rs. 6,00,000. Its Current Ratio is 3: 1 and Liquid Ratio is 1: 1. Calculate value of Inventory August 12, 2022
Joy Ltd. issued 1 ,00.000 equity shares of Rs. 10 each. The amount was payable as follows: September 29, 2022