Question

If share of loss is given then how it will be treared in calculating opening capital

Answer 1

Answer:

However, sharing of profit and losses is equal among the partners, if the ... In this account how the profit or loss among the partners of the firm is distributed is shown. ... For transferring interest on capital to Profit and Loss Appropriation Account: ... as their capitals and agreed to share profits and losses in the ratio of 5:3:2.

Explanation:

The tax return capital accounts keep track of the value of each partner's ownership share in the partnership on the tax basis. Calculate and add any other increases in capital, such as each partner's share of the partnership's assumption of a loan. Total and enter each partner's increases on Schedule K-1, Section L.

Answer 2

Explanation:

There are four main factors of production that can affect a construction project; they are land, labour, capital costs and an entrepreneur.

Land is defined as ‘land comprises all naturally occurring resources whose supply is inherently fixed’. [1] Land is a fixed resource as there is a limited amount, and price can vary depending on location. There are four main types of land:

Agricultural land denotes the land suitable for agricultural production, both crops and livestock. [2] 

Brownfield Site/Land are abandoned or underused industrial and commercial facilities available for re-use. Expansion or redevelopment of such a facility may be complicated by real or perceived environmental contaminations. [3] 

A green belt or greenbelt is a policy and land use designation used in land use planning to retain areas of largely undeveloped, wild, or agricultural land surrounding or neighbouring urban areas. [4]