What is treatment of Joint Life Policy in Dissolution of a firm? Given: Surrender Value & total sum amount
Dear Student,
Various cases of JLP in case of Dissolution of a Partner are already available on our website. Follow the link given below to view them:
https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/partnership-accounts/dissolution-of-partnership-firm/435_2432_7729#slide4_treatment-of-jlp-iff-goodwill-workmen-compensation-fund
Keep posting!!
Various cases of JLP in case of Dissolution of a Partner are already available on our website. Follow the link given below to view them:
https://www.meritnation.com/cbse/class12-commerce/studymaterial/accountancy/partnership-accounts/dissolution-of-partnership-firm/435_2432_7729#slide4_treatment-of-jlp-iff-goodwill-workmen-compensation-fund
Keep posting!!