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AP
Question Practice

What distinguishes the fluctuating capital method from the fixed capital method?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

What distinguishes the fluctua...

Single Answer MCQ
Q-00081991

What distinguishes the fluctuating capital method from the fixed capital method?

1

Two accounts are maintained with fixed balances

2

Only one capital account is maintained

3

Interest is not calculated

4

No profit-sharing adjustments are recorded

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