Accountancy, asked by manepriyanka164, 4 days ago

answer the Questions...​

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Answered by shanty378055
1

Answer:

data method is answer

Explanation:

i hope it will help you

Answered by AllenGPhilip
1

Answer:

Explanation:

(A) Fluctuating capital

  • no current account is maintained. All the transactions and events are passed through capital account , so in fluctuating capital method capital account balance fluctuate all the times

(B) Partner ship deed

  • In order to start a partnership business their must be a deed (agreement)

between the parties this help to avoid conflict among the parties o future

(C) In the absence of partnership deed , partners will share profit and losses in the ratio

  • In the absence of deed , Partners will share profit and losses "Equally"

(D) Fixed capital method

  • Under the fixed nature of capital, each partner's capital remains constant from the start of the partnership .Credit is given for the partner's salary/commission, interest on capital, and share of the profit earned.
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