What are the ways in which capital can be introduced in an partnership firm? What can be the possible reasons of introduction of capital In firm.
4 Replies
ACCOUNTS08
(WORK)
(142 Points)
Replied 04 April 2019
Ways and resons for Introducing capital-
1- New partner enters into the partnership.
2- When an existing partner introduces/transfers his personal asset to the firm.
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 04 April 2019
existing partners can also transfer assets to the firm by introduction of capital in the firm such as. car, godown, cash etc...
mona
(Direct Tax)
(136 Points)
Replied 04 April 2019
No I am asking thru bank not in kind that to in case of existing partners. Reasons for introduction of additional capital investment.
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