Captial a/c closed


This query is : Resolved 

13 November 2014 Dear sir,

Our partner, he is closed partnership in our firm, but he is asking cash for capital account closing. he have amount of Rs. 95,000/-.

I will pay the cash ?

please clarify

Regards
Eranna

13 November 2014 Capital account in the partnership firm can be settled through CASH of the partnership firm.


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