Biology, asked by SnehaG, 11 months ago

treatment of travellers salaries​

Answers

Answered by Anonymous
0

Renumeration or Salaray is payable to partner ONLY if mentioned in the partnership deed.

It is debited in the PL app account since it is a charge against the profits. Loss to the firm.

It is credited to partner's capital accounts because it is an income to the partner who recieves the salary

Answered by Anonymous
51

Answer:

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Renumeration or salary is payable to partner only if mentioned in the partnership deed.

It is debited in the PL app account since it is a charge against the profits . Loss to the Firm.

It is Credited to partner's capital account.

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