Advertisements
Advertisements
प्रश्न
Answer in one Sentence :
How would you treat general reserve on death of a partner?
एक पंक्ति में उत्तर
Advertisements
उत्तर
The amount of general reserve is transferred to the capital accounts of all the partners in their profit sharing ratio. This is done to give the deceased partner’s nominee the required amount of share in profits of the firm. So, All Partners’ Capital Accounts are credited with their respective shares.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
