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Byju's Answer
Standard XII
Accountancy
Partnership Deed
Under fluctua...
Question

Under fluctuating capital account, the interest on capital is credited to ___


A

Fixed capital account

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B

Current account

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C

Fluctuating capital account

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D

Floating capital account

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Solution

The correct option is C

Fluctuating capital account


Under fluctuating capital account, the interest on capital is credited to partner's capital account.


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