Question

1. In the fixed capital account method, where would you give the effect of adjustment of
fluctuation of capital?
(A) Fixed capital A/c.
(B) Profit and Loss A/C
(C) Current A/c.
(D) Profit and Loss Appropriation A/c
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Answer 1

Answer:

a) is the correct answer

Answer 2

Answer:

fixed capital a/c is the answer.