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.

Suraj Narayanan

Qualified CA

★ 7K+

22-Sep-20 18:55

1K+

Answers (1)

It would be given in the exam.

CA Suraj Lakhotia

Admin

23-Sep-20 12:00