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प्रश्न
How will the firm show the amount payable to the retiring partner, if it is not in a position to immediately pay the amount due to him on his retirement?
अति संक्षिप्त उत्तर
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उत्तर
The amount owed to the retiring partner will be transferred to his Loan Account, which will then be listed on the liabilities side of the Balance Sheet of the restructured firm.
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