partnership business is loss in hand and at bank balnaces is overall 1,23,501
loss of business 150000 remunation and interest to partners capital account is around 300000
total 450000. it is not possible to pay that much amount
that amount is make it as a payable ..?
remunation paid
remuneration payable
interest to partners capital
interest to partners capital payable
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Remuneration and interest on partners capital
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Remuneration should be paid as it is fixed as per partnership deed
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