Question

what is fluctuating capital account ? ​

Answer 1

Answer:

Fluctuating Capital Definition:

A partnership term. When the capitals of partners are fluctuating, all adjustments with regards to the interest on capitals, interest on drawings, partners salaries etc. are passed through the capital accounts of the partners.

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Answer 2

Answer:

Explanation:

A partnership term. When the capitals of partners are fluctuating, all adjustments with regards to the interest on capitals, interest on drawings, partners salaries etc. are passed through the capital accounts of the partners.

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