Depreciation fund

290 views
User Avatar

166 Points Posted on 10 August 2020
at the time of admission of a partner how would you treat the depreciation fund given in the balance sheet
0 Reply Share Follow
On 10 August 2020 at 12:04 Report
Replies (2)
Quick Summary
This discussion clarifies how a depreciation fund is handled when a new partner joins a business. Generally, the fund remains unaffected. However, its treatment can change if the admission of the partner has a direct impact on the business's assets. The core question explored is the precise meaning and implications of this asset-related condition.

User Avatar

pro badge online

Finance/Compliance Consultant
69309 Points Posted on 10 August 2020
Depreciation fund is not affected by an admission of Partner unless it has any affect on Assets
Reply
On 10 August 2020 at 12:32
User Avatar

166 Points Posted on 10 August 2020
What is the meaning of 'unless it has any affect on Assets'
Reply
On 10 August 2020 at 12:50

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST IDS Refund – Statement 01A: Invoice Not
  2. TDS deposit code & TDS return
  3. AIS VS GST Mismatch- FY 2025-26
  4. Gross total income
  5. Export Compliance
  6. Sale of plots in open land
  7. Income tax query
  8. Best CA Inter coaching in laxmi nagar
  9. HOW TO SELL SHARES OF PRIVATE LIMITED COMPANY SOME
  10. Unregistered Association of Persons (AOP) Agreemen

More recent discussions | Post

Related Topics :

Loading