1.

How will you show the following items in case the capitals are fixed?(a) Additional capital introduced  (b) Drawings (c) Withdrawal of capital (d) Interest on capital

Answer»

(i) In case, capitals are fixed: 

(a) On credit side of capital 

(b) on debit side of current A/c 

(c) on debit side of capital A/c 

(d) on credit side of current A/c 



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