IndigoLearn

Forums

Propritorship

Preparing financials of proprietorship , last year its a partneship firm by constitution , how adjust the capital account & current account closing balances shown in last year balancesheet ?


Moksha Karma

Moksha Karma

CA Inter

2K+

24-Jan-21 10:05

30

Answers (9)

Pls elaborate


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Jan-21 16:14

Capital balance closing in last year , now constitution changed to proprietorship .


Moksha Karma

Moksha Karma

CA Inter

2K+

24-Jan-21 16:15

Capital balance closing in last year , now constitution changed to proprietorship .

It will be transferred to the continuing person.


Suraj Lakhotia

Suraj Lakhotia

Admin

24-Jan-21 16:28

Ok sir , thanks Current account balance ?


Moksha Karma

Moksha Karma

CA Inter

2K+

24-Jan-21 20:44

Ok sir , thanks Current account balance ?

All


Suraj Lakhotia

Suraj Lakhotia

Admin

25-Jan-21 18:34

Sir ..partneship is disolved , then?


Moksha Karma

Moksha Karma

CA Inter

2K+

27-Jan-21 16:18

Sir


Moksha Karma

Moksha Karma

CA Inter

2K+

27-Jan-21 17:55

Can u help sir?


Moksha Karma

Moksha Karma

CA Inter

2K+

27-Jan-21 22:34

Can u help sir?

There will be some arrangement/agreement between the partners as to how it will be dissolved and converted.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Jan-21 09:47

SFM Launch
IL Pass percentages
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams