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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.


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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.

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