Home
Class 12
ACCOUNTS
Which accounts are opened when the capit...

Which accounts are opened when the capitals are fluctuating?

A

Only Capital Accounts

B

Only Current Accounts

C

Capital Accounts as well as Current Accounts

D

Either Capital Accounts or Current Accounts

Text Solution

Verified by Experts

The correct Answer is:
A
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (v) Interest on Capital (HOTS)|6 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (vi) Interest on Drawings (HOTS)|26 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (iii) Calculation of Profit and Division of Profit among partners (HOTS)|14 Videos
  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Profitability Ratios)|13 Videos

Similar Questions

Explore conceptually related problems

Which accounts are opened when the capitals are fixed?

Savings bank accounts are opened by