Accountancy, asked by manevaishnavi517, 4 months ago

6) Maximum Loss - Total of capital A/c.
Balance less​

Answers

Answered by surajkumaryadavjee
7

Answer:

I think your questions is wrong..

Explanation:

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Answered by steffiaspinno
0

available cash

Explanation:

  • The "Maximum Loss Method" has several steps.
  • First, all out-of-pocket liabilities have to be paid.
  • Then, if there was a loan, it has to be paid.
  • Capital has to be paid to partners.
  • Find the difference between the available cash and the amount in the Capital Accounts whenever cash is received; this discrepancy is known as the maximum loss.
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