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Retirement and death of a partner

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(Querist)
22 September 2011 Please tell me what is the accounting procedure of Joint life policy when:
JLP is treated as an asset and JLP reserve a/c is maintained.
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
27 September 2011 please refer any book on Partnership accounting and in the first chapter itself it is given

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