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retirement of partner

Accountancy

why is the amount bought by the partners debited instead of being credited in their capital acc as they bought additional capital

retirement.jpg

s srinivas

s srinivas

CA Foundation

2K+

18-Apr-22 18:01

455

Answers (3)

I see the amounts brought in by partners as credited. Not sure what is the query here.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

20-Apr-22 18:09

The amount brought by the partners is credited.

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Jitendra Kumar

Jitendra Kumar

CA Final

41K+

20-Apr-22 19:52

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