Forums

Partnership Accounts- Whether Max Loss or Highest Relative Capital Method?

Accountancy

Kindly advise how to identify whether this is Maximum Loss or Highest Relative Capital method. For your reference, this is Illustration 10 on Page 2.40 of ICAI CA Inter Group 1 Accounting Module.

10b5e7bd-5224-46ec-9354-532c6731e55e.jpg
4bbe90ca-6cb2-41f1-b34e-ac2a5c54ef12.jpg

Suraj Narayanan

Suraj Narayanan

CA Final

7K+

22-Sep-20 18:55

593

Answers (1)

It would be given in the exam.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

23-Sep-20 12:00

Individual Modules Offer
AFM Marathon