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Partnership ca foundation

Accountancy

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

Vaibhav Salgare

Vaibhav Salgare

CA Inter

★ 8K+

24-Sep-20 12:40

607

Answers (3)

Retirement of partner

Thread Starter

Vaibhav Salgare

Vaibhav Salgare

CA Inter

★ 8K+

24-Sep-20 12:43

Both will have same impact.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Sep-20 14:48

CA Suraj Lakhotia Admin

Both will have same impact.

Ok sir

Thread Starter

Vaibhav Salgare

Vaibhav Salgare

CA Inter

★ 8K+

24-Sep-20 14:49

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