please answer fast......
If the capitals are fluctuating where will the following items appear:-
i. Interest on capital. ii Interest on drawing.
iii Drawings. iv Withdrawal of capital.
v Salary of a partner and, vi Fresh capital introduced.
Answers
Answered by
1
1.interest on capital - credit side of capa/c (fluctuating)
2.interest on drawings - debit
3.Drawings - debit
5.salary - credit
6.fresh capital introduced - debit
2.interest on drawings - debit
3.Drawings - debit
5.salary - credit
6.fresh capital introduced - debit
Answered by
2
i. Interest on capital - credit side of partner current A/c
ii Interest on drawing.-Debit side of partner current A/c
iii Drawings-Debit side of partner current A/c
iv Withdrawal of capital -debit side of partner fixed capital A/c.
v Salary of a partner -credit side of partner current A/c
vi Fresh capital introduced -credit side of partner fixed capital A/c.
Hope its useful.
ii Interest on drawing.-Debit side of partner current A/c
iii Drawings-Debit side of partner current A/c
iv Withdrawal of capital -debit side of partner fixed capital A/c.
v Salary of a partner -credit side of partner current A/c
vi Fresh capital introduced -credit side of partner fixed capital A/c.
Hope its useful.
sujiritha95:
pls mark its as brainliest answer
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