Peace meal distribution
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2013
I could not get the concept of Higher Relative Capital Method in partnership account..Can any one make me concept clear?
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2013
Piece Meal Distribution is the title.sorry I wrote wrongly
10 June 2013
You are talking of distribution of capital of the partners in a partnership firm at the time of dissolution. In this case you have to adjust eh capital in the profit shearing ratio and the excess over the lowest amount is to be paid to the partners having excess capital.
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