Accountancy, asked by Ttt20777, 7 months ago

How to calculate new partner capital in admission of partner. Capital adjustment

Answers

Answered by manikagamit90
1

Answer:

Proportionate capital means the partners brings the proportion of the capital required...!! To find the adjustment of capital simply add the ADJUSTED capitals of all partners and multiply with the RECIPROCAL OF THE TOTAL SHARE of the partners and afterwards the amount which you got is the total capital of the firm...!Feb 20, 2018

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