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Partnership - Distribution of reserves.

Sir... If question tells..... value of assets and liabilities should remain unchanged.... In such case....reserves should be distributed or not?


Girinath A

Girinath A

CA Inter

655

15-Dec-20 12:24

15

Answers (2)

The reserves should be distributed even if value of assets and liabilities remain un


Santosh pal

Santosh pal

CA Foundation

775

17-Dec-20 13:09

The reserves should be distributed even if value of assets and liabilities remain un

Unchanged


Santosh pal

Santosh pal

CA Foundation

775

17-Dec-20 13:09