Sir/Madam,
My partnership firm is dissolved on 8.6.2012,so while closing the books how should the interest on partner capital be provided? Should it be provided on days till partnership was existing or for full year?
Please help.
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Interest on capital
Replies (1)
Partnership Firm & Status ceases to exist on 8.6.2012 So how can any expenses be Taken by an entity which is Not existing. Provision of Interest will be upto date of dissolution
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