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If Partner X Retrire from the …

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If Partner X Retrire from the Business and Firm has not sufficient amount to paid his amount While Partner Y in respect with the Firm Paid his amount Privately..So any journal entry should be passed or not In The Books Of Accounts..???

Posted by Atul Dubey 6 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Atul Dubey 6 years, 2 months ago

If Partner X Claim to The Firm again that he is not getting his share of profit for more benefits then, how it will resolve as the payment made privately by X Partner..???

Tikshika Kumari 6 years, 2 months ago

No, because amount is paid privately

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