Accountancy, asked by pbhadoria419, 7 months ago

the amount due to retiring patner, if not paid in cash, is transfer to which accounts?​

Answers

Answered by amityadav36275
2

Answer:

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Explanation:

The amount due to the retiring partner from the partnership firm is the balance of his capital account after making adjustments for goodwill, accumulated profits and losses, profit or loss on revaluation, remuneration due, etc.

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