Can a partner loan account be realised through their capital account?Doesn't it goes to bank account?...Some solutions to qns shows that dat entry is passed through bank while others through capital a/c..Somebody plz help..
Can a partner loan account be realised through their capital account?Doesn't it goes to bank account?...Some solutions to qns shows that dat entry is passed through bank while others through capital a/c..Somebody plz help..
a partner loan a/c be realised through bank a/c, if specifically no adjustment regarding patner's loan is given in the question.
If all partners are insolvent ,then does the realisation of partner's loan passed through respective capital account?
CAclubindia
