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If capital reserve is shown in the liabilities side of balance sheet at the time of admission or retirement of a partner, what will be the treatment of capital reserve?
Most Upvoted Answer
If capital reserve is shown in the liabilities side of balance sheet a...
It is a reserve. You will know more about this in your cash flow statement analysis book.dont worry as normally not required.
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If capital reserve is shown in the liabilities side of balance sheet at the time of admission or retirement of a partner, what will be the treatment of capital reserve?
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