Fluctuating capital account is credited with:
Interest on capital
Profits
Salaries & remuneration
All of these
Answer: D. All of these
Learn more: Fluctuating Capital Account
List the items which may be debited or credited in the capital accounts of the partners when:
(i) Capitals are fixed
(ii) Capitals are fluctuating
Under fluctuating capital account, the interest on capital is credited to ___