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
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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
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