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Partnership - Distribution of reserves.

Accountancy

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

★ 765

15-Dec-20 12:24

789

Answers (2)

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

Santosh pal

Santosh pal

CA Inter

★ 820

17-Dec-20 13:09

Santosh pal

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

Unchanged

Santosh pal

Santosh pal

CA Inter

★ 820

17-Dec-20 13:09

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