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Partnership firm & a new partner added and a old partner removed
Dear Sir, in a partnership firm one old partner removed and one new partner added, in this case, balance sheet will be one or two, pls..
Replies (5)
Single balance sheet
As per income tax act one balance sheet is required.
In case the settlement purpose You can prepare a balance sheet on removed date for financial position as on date.
In case the settlement purpose You can prepare a balance sheet on removed date for financial position as on date.
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| Originally posted by : Tapas Samadder | ||
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You are most welcome Sir...
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