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Partnership firm

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(Querist)
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
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 November 2014 Depends on the partnership deed...
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SANIA

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SANIA (Expert)
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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