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How to calculate Proportionate capital when …

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How to calculate Proportionate capital when a new partner is admitted

Posted by Yathaarth Dharanikota 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Himanshu Gupta 6 years, 6 months ago

Firstly calcute the adjusted capital of old partner and then after find out the new capital of old partner according to the capital of new partner on the basis of PSR. After this find the deviation between adjusted capital and new capital of old partner.if adjusted capital of partner is more than new capital than the partner will withdraw excess capital if adjusted capital less than new capita than partners will brings the defficiency amount of capital

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