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Partnership ca foundation

12. Illustration 2 part -2 Goodwill is transferred to revaluation account In question given that it should be eliminated from balancesheet Why you have not debited the partners capital account as in icai module they have debited the partners capital

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Vaibhav Salgare

Vaibhav Salgare

CA Foundation

8K+

24-Sep-20 12:40

22

Answers (3)

Retirement of partner


Vaibhav Salgare

Vaibhav Salgare

CA Foundation

8K+

24-Sep-20 12:43

Both will have same impact.


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Sep-20 14:48

Both will have same impact.

Ok sir


Vaibhav Salgare

Vaibhav Salgare

CA Foundation

8K+

24-Sep-20 14:49