#cciquerytime I am working as an accountant in a manufacturing company. This is a partnership company having two separate units. Now the partners want to split this company, i.e. make two separate units and to maintain accounts separately showing separate profit & loss a/c. The machineries and other fixed assets presently available in both units will become property of those units. Now the management wants to share the balance funds available after considering the stock available, receivables and payables, loan, cash and bank balance. Please advise me how to do this.
Posted on: Wed, 09 Jul 2014 08:36:22 +0000
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