Partnership
This query is : Resolved
Guest
Guest
(Querist)
01 August 2013
Hello all of you iam not able to understand meaning of paragraph in inverted comma.please try give its meaning and accounting treatment
F,G and K were partner sharing profit and losses at 2:2:1 .K retires on 31-12-2000.
"for this F & G agree to bring sufficient cash to discharge claim of K and make their capital proportionate"
F,G and K were partner sharing profit and losses at 2:2:1 .K retires on 31-12-2000.
"for this F & G agree to bring sufficient cash to discharge claim of K and make their capital proportionate"
01 August 2013
total capital of three partner
in which f & g bring cash to repay the amount to k in ratio of their capital a/c balance on date of retirement of K
in which f & g bring cash to repay the amount to k in ratio of their capital a/c balance on date of retirement of K
Message likes :
1 times
Guest
Guest
(Querist)
04 August 2013
@ rupesh sir can you explain it in other words because i am unable to understand.
09 August 2024
https://docs.google.com/document/d/1YwztjICxN8B-tgrwovTuwZx-U-mW-OEoo-RZtY-6sE0/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
