When salary to partners, interest on capital, drawings, interest on drawings, Interest on Drawing etc. are recorded in capital accounts of partners, which method we are following to maintain the capital account? – Swamonk EduCare

When salary to partners, interest on capital, drawings, interest on drawings, Interest on Drawing etc. are recorded in capital accounts of partners, which method we are following to maintain the capital account?

Post category:Accountancy
Reading time:1 mins read

SOLUTION

Fluctuating Capital Method.

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