When the Reserve Fund is distributed …
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When the Reserve Fund is distributed to old partners, the _ _ _ _ _ account is debited.
1.capital
2.current
3.Reserve Fund
4.Profit and Loss
please give me answer fast
Posted by Nivi :) 4 years, 1 month ago
- 4 answers
Aarif Ari 4 years, 1 month ago
Reserve Fund A/c is debited and
Partner's Capital A/c is credited.
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Aarti Sharma 4 years, 1 month ago
0Thank You