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Class 12 · Accountancy
→Under fixed capital method closing capital can change due to what?
Class 12 · Accountancy
→If D capital is twenty five thousand rupees and profit share is ten thousand rupees what will be capital?
Class 12 · Accountancy
→If partner C's capital is sixty thousand rupees and his share of the loss is five thousand rupees, what capital will remain?
Class 12 · Accountancy
→If B's capital is fifty thousand rupees and drawings are eight thousand rupees, what will be the remaining capital under the fluctuating method?
Class 12 · Accountancy
→If A capital is forty thousand rupees and salary allowed is three thousand rupees what will be capital under fluctuating method?
Class 12 · Accountancy
→When commission is allowed to a partner, which side of that partner's account is affected?
Class 12 · Accountancy
→How does partner salary affect the partners account?
Class 12 · Accountancy
→What effect does interest on drawings have on a partner's capital account?
Class 12 · Accountancy
→What effect does interest on capital have on a partners capital?
Class 12 · Accountancy
→If a partners current account shows debit balance what can it be for the firm?
Class 12 · Accountancy
→If a partner's capital account shows a credit balance, what does it represent for the firm?
Class 12 · Accountancy
→What is the correct accounting effect of recording drawings in the capital account?
Class 12 · Accountancy
→What is the effect when a partner brings additional capital?
Class 12 · Accountancy
→In which method is a partners current account more commonly used?
Class 12 · Accountancy
→Under fluctuating capital method where are adjustments recorded even without a separate current account?
Class 12 · Accountancy
→Why are partner drawings not recorded in capital account under fixed capital method?
Class 12 · Accountancy
→What is the simplest indication of fluctuating capital method?
Class 12 · Accountancy
→What is the simplest indication of the fixed capital method?
Class 12 · Accountancy
→If share of profit is seven thousand rupees and drawings are three thousand rupees what is the net increase in fluctuating capital?
Class 12 · Accountancy
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