Partnership firm
This query is : Resolved
20 November 2014
hi, if debtor has deposited cheque in the name of partner instead of in the firm then entry passed is
partner capital a/c. Dr.
TO deptor a/c
then whether firm will charge intt for that amount from partner which is debited to a/c
Nikhil Kaushik
(Expert)
20 November 2014
Depends on the partnership deed...
20 November 2014
as in partnership deed its written only about the credit of intt nothing written about the debit of intt, then what to do
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