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. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 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) You Might Also Like Creditors amounting to Rs. 80,000 are transferred to Realisation Account. What entry will be made on their payment if Rs. 10,000 of the creditors are not to be paid and the remaining creditors agreed to accept 20% less amount? September 27, 2022 If the partner’s capitals are fixed, where will you record interest on drawings and share of profit of a partner? September 23, 2022 How will you treat payment of tax and payment of dividend in a Cash How statement? October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Creditors amounting to Rs. 80,000 are transferred to Realisation Account. What entry will be made on their payment if Rs. 10,000 of the creditors are not to be paid and the remaining creditors agreed to accept 20% less amount? September 27, 2022
If the partner’s capitals are fixed, where will you record interest on drawings and share of profit of a partner? September 23, 2022