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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 ?


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

CA Inter

2K+

24-Jan-21 10:05

22

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 .


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

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 ?


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

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?


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

CA Inter

2K+

27-Jan-21 16:18

Sir


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

CA Inter

2K+

27-Jan-21 17:55

Can u help sir?


BALAMURALI UNNITHAN M S

BALAMURALI UNNITHAN M S

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