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Prepare capital fluctuating account

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Prepare capital fluctuating account
  • 1 answers

Gaurav Seth 5 years, 5 months ago

Format of Fluctuating Capital Account Method

Capital A/c

Date Particulars A B Date Particulars A B
  Drawings and interest on Drawings       Opening Balance or Initial Investment    
  Loss transferred from Profit and Loss A/c       Addition of capital, Interest on Capital, Salary, Commission or any other remuneration    
  Closing Balance       Profit transferred from Profit and Loss Appropriation A/c  
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