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Partnership


SUMIT BADYAL   23 January 2020

SUMIT BADYAL

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if one partner transfer money in company name bank... which is come under capital or loan a/c?

Kunal Sarode   23 January 2020

Kunal Sarode

 2 points

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Capital

Anonymous (student)     24 January 2020

Anonymous
student 
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Its generally treated as capital unless there exists a condition to repay the money to partner,if there is a condition to repay money... its treated as loan

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RAJA P M ("Do the Right Thing...!!!")     24 January 2020

RAJA P M
"Do the Right Thing...!!!" 
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@ Mr SUMIT.,

The details will be Your partner and firm's activity. means they only confirm the same if it's capital or loan...

It's not a query..

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