Question

meaning of fluctuating method ???​

Answer 1

Answer:

Firstly, fluctuate means anything having unpredictable ups and downs. Hence, under this method, the Capital of each Partner keeps on changing from time to time. ... For example, Drawings by Partners and interest comes on the debit side of the Capital account

Explanation:

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Answer 2

Answer:

Fluctuating capital method is one in which capital balances of the partners go on changing every year due to entries for adjustments like drawings, interest on capital and drawings, salaries, commission, allowances, etc. Recorded in their capital accounts.