Answer Posted / nimish bhatia

whenever any change takes place in the profit sharing ratio
of a partnership firm, the assets n liabilities are
revalued on that date n for that purpose recaluation acc is
opened..... whereas realisation acc is opened wen the firm
is dissolved.. it takes into acc the book value on that
date of the assets n liab n their value realised.... n
hence the net loss/profit is distributed

what are the suggestions to control NPA in rural areas?

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Expand---------MDOT

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Short Answer on ________Adjusting Entries

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Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...

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Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?

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EXPAND_________TOEFEL

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