Question

in case of fixed capital partners will have ??(1)credit balance in their capital accounts (2) debit balance in their capital accounts (3)may have debit or credit balance in their capital accounts(4) credit balance on nil balance in their capital accounts.which is the answer plz help me¿?​

Answer 1

Answer:

For fixed capital partners will always have credit balance in their capital accounts.

For fluctuating capital, partners can have either debit or credit balance of their capital accounts.

I hope it helps :)

Answer 2

Answer:

fluctuating method are either debit or credit .