Why partner’s loan is not transferred to Realisation A/c? Post category:Accountancy Reading time:1 mins read SOLUTION Partners’ Loan is not an outside liability. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState the reason why a partner’s wife loan is transferred to Realisation A/c? Next PostWhen a Creditor takes over an asset whose value is less than the amount due to him in full settlement of his claim, what entry shall be passed? You Might Also Like Why does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (C.B.S.E. 2020, Mumbai, Chennai) September 23, 2022 From the following Balance Sheet of Global Ltd., you are required to calculate Return on Investment for the year 2018-19: August 17, 2022 What will be the impact of ‘Cash collected from trade receivables’ on a Current ratio of 2: 1? State with reason. October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (C.B.S.E. 2020, Mumbai, Chennai) September 23, 2022
From the following Balance Sheet of Global Ltd., you are required to calculate Return on Investment for the year 2018-19: August 17, 2022
What will be the impact of ‘Cash collected from trade receivables’ on a Current ratio of 2: 1? State with reason. October 3, 2022