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Wcf. Is in balance sheet where …

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Wcf. Is in balance sheet where we have to distribut and what will be the journal entry

    • Posted by Rahul Sharma 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Soubiya Aziz 6 years, 10 months ago

    If WCC is less than WCF than the journal entry will be WCF a/c. Dr. To provision for WCC a/c To old partner's capital a/cs(in their old ratio)

    2Thank You

    Prince Rai 6 years, 10 months ago

    WCF a\c. Dr. To Partners capital a\c

    0Thank You

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