tretatement of salary of a partner recive from partnership firm in his own accounts
also define the head of each accounts for entry in tally.
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Partners salary
Replies (2)
salary of partner to be treated as income.... account head under tally - partner's remuneration a/c
Partnership Firm A/c Dr. xxx
To Partner 's Remuneration Income A/c xxx
Partnership Firm Under Head of Investment
Partner ' s Remuneration Income Under Head of Indirect Income
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