Question

What is fuctuating capital method ?​

Answer 1

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.

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Answer 2

Explanation:

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

recorded in their capital accounts ....