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متابعة

What are the adjustments required on the retirement or death of a partner?

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تم إضافة السؤال من قبل Badruddien Gismallah Ali Abdurahman , مدير مالي واداري , شركة العواد للاستثمار والتطوير
تاريخ النشر: 2014/11/28
Mir Mujtaba Ali
من قبل Mir Mujtaba Ali , Internal Audit Manager , Confidential

Adjustment in regard to goodwill., Adjustment in regard to revaluation of assets and reassessment of liabilities. Adjustment in regard to undistributed profits., Adjustment in regard to the Joint Life Policy and individual policies

Surya Prakash
من قبل Surya Prakash , Analyst , ADP India Pvt Ltd

Adjust profit & loss sharing ratio. Adjust capital of each parter.

Badruddien Gismallah Ali Abdurahman
من قبل Badruddien Gismallah Ali Abdurahman , مدير مالي واداري , شركة العواد للاستثمار والتطوير

At the time of the retirement or death of a partner, adjustments are made for the following:

 

1. Calculation of new profit sharing ratio

2. Revaluation of assets and liabilities

3. Adjustment regarding undistributed profits and losses

4. Adjustment regarding goodwill

5. Adjustment of capital

6. Ascertainment of due amount to retiring partner

 

7. Mode of payment to the outgoing partners.

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