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Commerce · Q1823

Accounting

Graduate and Post Graduate · Commerce · question 1823

Q1823

Which of the following statements is true?

A.
Fixed capital account will always have a credit balance
B.
Current account can have a positive or negative balance
C.
Fluctuating capital account can have a positive or negative balance
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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