Partnership

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What treatment is to be done in case the partners realise amount on account of Bad Debt Recovery after closing all the books of accounts because of insolvency of partners????

Replies (2)

The bad Debt recovery is to be settled to the unpaid creditors . No entry in the books of Accounts

Originally posted by : Harshal

The bad Debt recovery is to be settled to the unpaid creditors . No entry in the books of Accounts

Agree.........


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