Question

8.
A, B and Care partners in a firm. At the time of retirement of B, there is a debit balance of
profit and loss account of Rs. 24,000. How will you deal with this balance ?
9.
Is a sleeping partner liable for the acts of other partners.​

Answer 1

Answer:

by paying it back

Explanation:

profit = gain

loss = loss

so debit = gain

so first pay the debit