How to acertain that a partnership firm is acquired by the pvt ltd company.
In my case a partnership firm is acquired by a pvt ltd company. All the asset and liablity of the firm is acquired.
How the entries are passed on balance sheet & profit and loss statment
Menu
Partnership firm acquire by a pvt ltd company
Replies (1)
Private Ltd Co account debit
To all assets of firm account credit
To all assets of firm account credit
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
