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If a partner has given loan …

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If a partner has given loan to the firm and in return he has taken a unrecorded asset then how we will treat it during dissolution of partnership firm?

    • Posted by Jyoti Garg 7 years ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mayank Garg 7 years ago

    No entry required because loan account will made sperately we can show unrecorded assets in the loan account

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