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Past adjustments- X Y and Z …

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Past adjustments- X Y and Z are equal partner in a firm. on 1st April 2017 their capital was ₹ 40000,₹ 60000,,₹ 8000 respectively after closing the account for the year 2017-18 , it was founded interest on capital @5% was not given according to partnership deed. it was decided that in the beginning of the next year an adjustment entry should be passed instead of changing the current year balance sheet. pass necessary journal entries.

Posted by Nia Gupta 10 months, 1 week ago

MP Board > Class 12 > Accountancy

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MP Board > Class 12 > Accountancy

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Posted by Vanisha Saxena 1 week, 2 days ago

MP Board > Class 12 > Accountancy