Guys dissolution of partnership me illustration 2 of garner vs murray rule. Niche underline ki hui cr. Side me by bank ki entry kese ayi explain kardo plz

Gauresh · 9 Aug 2025

This not realisation loss it's a amount of c partner which was only recovered from c because c partner is insolvent

Vanshika · 6 Aug 2025

This is a revaluation loss if any partner is declared insolvent we pass a novation entry (only in books) thaat remaining partners had bought the loss in firm by Dr the bank nd cr remaining partner