ISC (Arts) Class 12CISCE
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Adjustment with Regard to Share of Profits of the Retiring Or Deceased Partner from the Date of the Last Balance Sheet to the Date of Retirement Or Death

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description

  • Through P & L Suspense A/c (in case of no change in PSR of remaining partners).
  • Through Gaining Partners capital/ current A/c (in case of change in PSR of remaining partners).
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