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Lecture - Partnership Accounting Part 4

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The document discusses partnership accounting and covers retirement of a partner. It focuses on the treatment of joint life policies when a partner retires. Specifically, it examines how joint life insurance policies are treated and allocated between continuing and retiring partners upon one partner's retirement.

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Lecture . Partnership Accounting Part 4

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The document discusses partnership accounting and covers retirement of a partner. It focuses on the treatment of joint life policies when a partner retires. Specifically, it examines how joint life insurance policies are treated and allocated between continuing and retiring partners upon one partner's retirement.

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© All Rights Reserved

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0% found this document useful (0 votes)

9 views1 page

Lecture - Partnership Accounting Part 4

Uploaded by

The document discusses partnership accounting and covers retirement of a partner. It focuses on the treatment of joint life policies when a partner retires. Specifically, it examines how joint life insurance policies are treated and allocated between continuing and retiring partners upon one partner's retirement.

Copyright:

© All Rights Reserved

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Chartered Accountancy

CPT Course

Session 1, Section A
Fundamentals of Accounting

Lecture 19 Partnership Accounting Part 4

Quick Revision Notes

Treatment of Joint Life Policy

ICAI

Retirement of Partner

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