tag:blogger.com,1999:blog-3353042124436934616.post2010758805854881009..comments2024-02-25T00:33:55.177-08:00Comments on Accounting And Business: (102)-CAPITAL AND CURRENT ACCOUNTS IN PARTNERSHIPSWriterhttp://www.blogger.com/profile/06702908494698421621noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3353042124436934616.post-76497396659830354722015-10-01T04:44:30.070-07:002015-10-01T04:44:30.070-07:00I have observed in one of the balance sheet that o...I have observed in one of the balance sheet that of the partnership firm that the partner capital account on liabilities side and partner capital account on assets side.<br /><br />for comparison:<br /><br />2010 partners capital is Rs.50.00 lakhs on liabilities side were as partners capital account is Rs. 90 lakhs on assets side.<br />2011 partners capital is Rs.60.00 lakhs on liabilities side were as partners capital account is Rs. 85 lakhs on assets side.<br />2012 partners capital is Rs.65.00 lakhs on liabilities side were as partners capital account is Rs. 100 lakhs on assets side.<br />But it will give negative effect in the balance sheet analysis and it shows a negative capital. How to treat it as a banker.<br /><br />RANI SRI KRISHNAhttps://www.blogger.com/profile/01148871800791750006noreply@blogger.comtag:blogger.com,1999:blog-3353042124436934616.post-28460215143656772352015-07-14T21:28:55.508-07:002015-07-14T21:28:55.508-07:00Partners current account treated as current liabil...Partners current account treated as current liability or current asset ?Unknownhttps://www.blogger.com/profile/02354462970334646371noreply@blogger.com