Which Capital accounts with balances always show a credit balance?
Which Capital accounts with balances always show a credit balance?
a) Fixed
b) Fluctuating
c) Normal
d) Real
Anurag Pathak Changed status to publish April 9, 2023
Ans – a)
Explanation:-
In the case of the Fixed Capital Method. The Capital Account would always show a credit balance.
Anurag Pathak Changed status to publish April 4, 2023
