write the names of methods regarding adjustment in closed partnership accounts
Answers
Answered by
0
Answer:
Sometimes after closing the accounts of a partnership firm, it is discovered that there were some errors or omissions in the accounts. For example, interest on capital or drawing may have been omitted, charged or allowed at higher or lower rate, P&L may have been distributed among the partners in wrong ratio.
hope it is helpful
thank you
Answered by
0
Answer:
ooooooooooooooooooo
Similar questions
Math,
2 months ago
Science,
2 months ago
Social Sciences,
5 months ago
Math,
11 months ago
Math,
11 months ago