Accountancy, asked by roftin, 6 months ago

List the items that may appear on the debit side and credit side of a partner’s fluctuating

capital account​

Answers

Answered by welcomaayush
1

Answer:

On debit side : Drawing, interest on drawing, share of loss, closing credit balance of the capital.

On credit side : Opening credit balance of capital, additional capital introduced, share of profit, interest on capital, salary to a Partner, commission to a Partner.

Explanation:

hope it helps

Similar questions