Fluctuating Capital Account is credited with:

Interest on capital

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Profit of the year

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Remuneration to the partners

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All of these

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Solution

The correct option is D All of these
Fluctuating capital is a type of capital account which changes/fluctuates every time there is addition in capital or when capital is withdrawn. Interest on capital, profit, salary, commission all appears on the credit side and interest on drawings, drawings appears on the debit side.

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[2 marks]

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