State any three items shown on the debit side of the Capital Account of a partner when the capitals are fluctuating.
State any three items shown on the debit side of the Capital Account of a partner when the capitals are fluctuating.
Anurag Pathak Changed status to publish April 9, 2023
Answer:-
Items that may be shown on the debit side of the Capital Account of a partner are:
i) Drawings
ii) Interest on drawings
iii) Share of Loss
Anurag Pathak Changed status to publish April 9, 2023
