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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.


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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)

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