What is meant by fluctuating capital of partners? Post category:Accountancy Reading time:1 mins read SOLUTION Partner’s Capital is said to be fluctuating when the capital remains changing with every transaction in the Capital Account such as drawings, interest on capital etc. 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 PostWhat is meant by fixed capital of partners? Next PostWhat Accounts are maintained, (a) when the capitals are fixed? (b) when the capitals are fluctuating? You Might Also Like Does the change in profit-sharing ratio result into dissolution of the partnership firm? Give reason in support of your answer. (AI 2017 C) October 7, 2022 (i) Cost of Revenue from Operations (Cost of Goods Sold) Rs. 2,20,000; Revenue from Operations (Net Sales) Rs. 3,20,000; Selling Expenses Rs. 12,000; Office Expenses Rs. 8,000; Depreciation Rs. 6,000. Calculate Operating Ratio. (ii) Revenue from Operations, Cash Sales Rs. 4,00,000; Credit Sales Rs. 1,00,000; Gross Profit Rs. 1,00,000; Office and Selling Expenses Rs. 50,000. Calculate Operating Ratio. August 17, 2022 A Ltd. redeemed Rs. 1,00,000, 9% debentures at 10% premium. What will be the amount of ‘Cash Flows from Financing Activities’? (C.B.S.E. 2020, Kerala) October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Does the change in profit-sharing ratio result into dissolution of the partnership firm? Give reason in support of your answer. (AI 2017 C) October 7, 2022
(i) Cost of Revenue from Operations (Cost of Goods Sold) Rs. 2,20,000; Revenue from Operations (Net Sales) Rs. 3,20,000; Selling Expenses Rs. 12,000; Office Expenses Rs. 8,000; Depreciation Rs. 6,000. Calculate Operating Ratio. (ii) Revenue from Operations, Cash Sales Rs. 4,00,000; Credit Sales Rs. 1,00,000; Gross Profit Rs. 1,00,000; Office and Selling Expenses Rs. 50,000. Calculate Operating Ratio. August 17, 2022
A Ltd. redeemed Rs. 1,00,000, 9% debentures at 10% premium. What will be the amount of ‘Cash Flows from Financing Activities’? (C.B.S.E. 2020, Kerala) October 6, 2022