A and B are partners sharing profits and losses in the ratio of 3 : 2. If 5% of the total profit goes to charity and A's share is Rs 8.55, the total profit is
Rs 1425
Rs 1500
Rs 1537.50
Rs 1576
Current accounts for partners will be opened under
Fixed capital method
Fluctuating capital method
Either fixed capital method or fluctuating capital method
None of these
Under ___ capital arrangement, current accounts will not be maintained.
Fixed
Variable
Fluctuating
Goodwill is an
Tangible asset
Fixed asset
Intangible asset
Floating asset
