Insolvent Partner Capital A/c debit side total is ₹ 10,000 and credi – InterviewSolution

1.

Insolvent Partner Capital A/c debit side total is ₹ 10,000 and credit side total is ₹ 6,000. Calculate deficiency.

Answer»

Deficiency of insolvent partner = Debit side total – Credit side total

= 10,000 – 6,000

= ₹ 4,000.

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