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Which Capital accounts with balances always show a credit balance?

Anurag Pathak
April 4, 2023
[CBSE] Fundamentals of Partnership Firm, Accountancy Class 12th

1.92K viewsApril 9, 2023[CBSE] Fundamentals of Partnership Firm Accountancy Class 12th

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Anurag Pathak30.76K April 4, 2023 0 Comments

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

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1 Answer

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Anurag Pathak30.76K Posted April 4, 2023 0 Comments

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

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.