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Partner's Capital Accounts

Which of the ...

Question

Which of the following is(are) type(s) of capital account in partnership?

A

Fixed Capital

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B

Current capital

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C

Fluctuating capital

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D

Both fixed & fluctuating capital

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Solution

The correct option is D
Both fixed & fluctuating capital

Both fixed & fluctuating are type(s) of capital account in partnership.

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