Accountancy, asked by rakeshkumar852722, 4 months ago

which of the following is shown in debit side of the partners capital account answer

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Answered by Itzheaven

11

Items that may appear on the debit side of the Capital Account when the capitals are fluctuating :

Interest on drawings;
Drawings of the partners;
Share of loss of each partner;
Withdrawal of capital by the partners;
Closing Balance of the Partner's capital account.

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