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Partnership Deed

Which of the ...

Question

Which of the following is debited to Partner`s capital account when capitals are fluctuating?

A

Interest on capital

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B

Share of loss

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C

Salaries & remuneration

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D

All of the above

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Solution

The correct option is B
Share of loss

Share of loss is debited to Partner`s capital account when capitals are fluctuating.

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