Adjustment of capital in retirement

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Posted by Shruti Kansal 6 years, 3 months ago
- 2 answers
Lokesh Motsra 6 years, 3 months ago
no, the capital of firm is not reduced.
still consult with your teacher?......
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Sia ? 6 years, 3 months ago
When a partner retires from the business and if he is to be paid off his due amount immediately, the total capital of the firm is reduced.
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