Under fluctuating capital method partners salary is credited to


Asked by admin @ in Accountancy viewed by 394 People


Under fluctuating capital method partners salary is credited to

Answered by admin @



Fluctuating Capital Method

On the other hand, adjustments resulting increase in capital will be credited to partner's capital, like interest on capital, partners salary if any, partner's share of profit etc. Balance of each partner's capital account will be shown in the balance sheet.


Similar Questions

On the statement of partnership equity each partner's capital account

Asked by admin @ in Business viewed by 292 persons

Which of the following equations best represents the reporting shown in a statement of partnership equity? a.Beginning Balance of Partner Capital – Capital Additions – Net Income – Partner Withdrawals …

Which capital budgeting method ignores the time value of money

Asked by admin @ in Business viewed by 276 persons

The payback method, unlike the net present value method, does not ignore cash flows after the point of cost recovery. a. True b. False

Surplus capital method is also known as method

Asked by admin @ in Accountancy viewed by 877 persons

Surplus capital method is also called as

Surplus capital method is also known as which method

Asked by admin @ in Accountancy viewed by 487 persons

Surplus capital method is also called as

Surplus capital method is also known as dash method

Asked by admin @ in Accountancy viewed by 499 persons

Surplus capital method is also called as

Why do modern farming methods require more capital explain

Asked by admin @ in Social Sciences viewed by 331 persons

Why do modern farming methods require more capital. Explain

Method of evaluating capital investment proposals that ignore present value

Asked by admin @ in Business viewed by 292 persons

Which of the following are present value methods of analyzing capital investment proposals? a. internal rate of return and average rate of return b. average rate of return and net …

The following are all methods of analyzing capital investments except

Asked by admin @ in Business viewed by 346 persons

Which of the following two methods are typically used for initial screening of​ investments, rather than for​ detailed, in-depth​ analysis? A. payback and accounting rate of return B. accounting rate …

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1346 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 787 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1201 persons

Describe the karez in your own words

Asked by rajesh064 @ in English viewed by 1374 persons

What is 8 + (x + 5)?

Asked by jaylord7 @ in Mathematics viewed by 1149 persons

What is the topic of the info grapher

Asked by jesus643 @ in History viewed by 1552 persons

Most viewed questions in Accountancy


Saregama ltd invited applications for issuing 80000 equity shares

Asked by admin @ in Accountancy viewed by 4414 persons


Leena madan and naresh were partners in a firm

Asked by admin @ in Accountancy viewed by 4295 persons


Business started with cash 8000 and plant & machinery 3000

Asked by admin @ in Accountancy viewed by 3975 persons



Difference between fixed installment method and diminishing balance method

Asked by admin @ in Accountancy viewed by 3495 persons


Which of the following will result in shareholders wealth maximization

Asked by admin @ in Accountancy viewed by 3270 persons


Loan taken from dena bank should be credited to

Asked by admin @ in Accountancy viewed by 3231 persons



Cash received from mohan journal entry

Asked by admin @ in Accountancy viewed by 3186 persons


To show the cheque number while reconciling bank accounts press

Asked by admin @ in Accountancy viewed by 3116 persons


The current investment are valued on closing date at

Asked by admin @ in Accountancy viewed by 3074 persons



Enter the following transaction in the journal of mudit

Asked by admin @ in Accountancy viewed by 3061 persons


The partners of a firm alia bhanu and chand

Asked by admin @ in Accountancy viewed by 3049 persons


The major decision areas in supply chain management are

Asked by admin @ in Accountancy viewed by 3047 persons



Alfa ltd invited applications for issuing 75000 equity shares

Asked by admin @ in Accountancy viewed by 3029 persons


A company whose accounting year is the calendar year

Asked by admin @ in Accountancy viewed by 2979 persons


Bookkeeping mainly concerns with which part of accounting process

Asked by admin @ in Accountancy viewed by 2972 persons