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Distinguish between fixed capital account and …

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Distinguish between fixed capital account and fluctuating capital account on the basis of credit balance.

    • Posted by Piyush Kumar 8 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mohd Shahnawaz 8 years, 1 month ago

    While preparing Fixed capital accounts , capital accounts of partners can never had a debit balance but while on the fluctuating method , capital account may or may not have a debit balance.

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