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Sir why when profit and loss adjustment opened to settle deceased partner's account is shown as asset in balance sheet


Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

1K+

31-Oct-20 19:05

11

Answers (1)

Its an account with a debit balance.


Suraj Lakhotia

Suraj Lakhotia

Admin

01-Nov-20 15:57

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