on admission of new partner , old partners found that they have purchased machinery on hire purchase system for rs. 72000 of which only rs. 4000 are to be paid. Both machinery and unpaid liability is not considered in books.
what is the treatment of above adjustment when new partner has admitted.
Menu
partnership
Replies (1)
Please contact and consider to nearest consultant or CA. They can help about this matter.
Recent Topics :
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
Related Topics :
CAclubindia
