Advertisements
Advertisements
प्रश्न
Answer in one Sentence :
How is a debit balance of profit and loss account dealt with on death of a partner?
एक पंक्ति में उत्तर
Advertisements
उत्तर
Debit balance of Profit & Loss Account represents accumulated losses. So, it is transferred to the debit side of All Partners’ Capital Accounts in their old profit sharing ratio.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
