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
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Transfer of rectification rights to ao
- Form 16 Issues
- Which ITR application
- Treatment of Profit on sale of fixed assets
- TDS whether applicable or not in case of Flat purchase
- SEA GOING ALLOWANCE
- IGST Refund pending since June 2022.
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- Igst utilisation query
- Section 12A(1)AC
- Interest will be paid
- CHANGE IN PARTICULARS OF DIRECTOR
- Procedure and Documents Required for Release of FD from DVAT
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
Trending Online Classes
CAclubindia
