Mention two items that may appear on the debit side of a Partner’s Fixed Capital Account. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Permanent withdrawal of Capital from business, and; (ii) Closing Balance of Capital. 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 PostIf the partner’s capitals are fixed, where will you record interest on drawings and share of profit of a partner? Next PostMention two items that may appear on the credit side of a Partner’s Fixed Capital Account. You Might Also Like Raman and Rohit were partners in a firm sharing profits and losses in the ratio of 2: 1. On 31st March, 2018, their Balance Sheet was as follows: November 4, 2022 What is meant by Cash equivalents? (C.B.S.E. 201.6, 2017, 2019, 2020) October 4, 2022 State whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash. October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Raman and Rohit were partners in a firm sharing profits and losses in the ratio of 2: 1. On 31st March, 2018, their Balance Sheet was as follows: November 4, 2022
State whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash. October 4, 2022