Outstanding balance amount partner capital account trans


This query is : Resolved 

02 August 2021 Sir,
A partnership firm two partners one partner another individual business maintained.if individual business maintained partner selling of goods value rs:6 lacs to partnership firm.
Question:
A partnership firm rs:6 lacs balance amount transferred to one of the partner capital account transfer adjustment accounting entry passed in books allowed in it act.

02 August 2021 Yes, such entry allowed.


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