state two basic determination of profite from the date of last balance sheet of the date or death retariment of partner
Answers
Answered by
3
Explanation:
Accounting Treatment of Deceased Partners' Share in Profits If a partner dies on any date after the date of the balance sheet, then his share of profit is calculated from the beginning of the year to the date of death on the basis of time or sales.
Similar questions
Math,
1 month ago
Computer Science,
1 month ago
Math,
1 month ago
Math,
9 months ago
Chemistry,
9 months ago