Accountancy, asked by fatimakazi27, 1 year ago

why is partners capital amt written on cr side in dissolution ​

Answers

Answered by shwetalahre
2

Answer:

b'coz that capital amt must paid by the firm to it's partners. That's why partners cap amt written on cr side of the cash book in dissolution

Answered by babushall
6

Explanation:

see when a partner is leaving the organization then his capital has to be paid back right...then,such a capital contribution of him ( which is to be returned to him) will become the liability to the organization and hence it will be seen on the credit side as partners loan...

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