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Doubt for partnership problem

Accountancy

I don't understand that marked area pls make explanation

Vigneshwaran

CA Inter

★ 4K+

17-Feb-20 15:26

395

Answers (2)

Its prepaid expenditure. Reduce from expense and show it as a prepaid asset.

CA Suraj Lakhotia

Admin

17-Feb-20 15:44

Thank you sir

Thread Starter

Vigneshwaran

CA Inter

★ 4K+

17-Feb-20 15:48

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