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Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Following are the differences between Capital Account and Current Account except:a)Capital Account is prepared under fixed capital method whereas current account is prepared under fluctuating capital method.b)In capital account only capital introduced and withdrawn is recorded, all other transactions between the firm and partner is recorded in the current account.c)Interest is sometimes paid on capital account balance but no such interest is payable on current account balances.d)‘b’ and ‘c’ above.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.