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Dissolution of parntership

Can you please explain the logic of maximum possible loss method in piecemeal distribution ?


Swathi Krishna

Swathi Krishna

CA Inter

7K+

11-Aug-20 18:43

30

Answers (1)

Each installment realized is considered to be the final payment. After payment of all the outside liabilities and partners loan under these method, maximum possible loss an every realization is calculated.


Lavanya Chitturi

Lavanya Chitturi

Moderator

11-Aug-20 21:26

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