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Loss how to distribute among partners

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26 February 2022 Loss of partnership firm how to distribute among partners, if there are profit sharing ratio is A-50%, B-40% and C-10% and Total loss Rs, 10,00,000
can i pass journal entry , and whether is true or false, please reply
A Capital Account Dr Rs. 5,00,000
B Capital Account Dr Rs. 4,00,000
C Capital Account Dr. Rs. 1,00,000

27 February 2022 As said earlier, the loss is not distributed, but carried forward to next 8 years for adjustment against future profits.



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