CUET Accountancy - Which combination of statements is true about the fixed and fluctuating capital: (A). Under the Fixed capital method, two separate accounts are maintained for each partner, viz., 'capital account' and 'current account'. (B). Under the Fluctuating capital method, the balance of the capital account fluctuates from year to year. (C). Under the Fixed capital method, drawings, salary, interest on capital etc. are posted (transferred) in the current accounts and not in the capital accounts. (D). Under the Fixed capital method, the capital accounts always show a debit balance. Choose the correct answer from the options given below: | PYQs + Solutions