Explain this. Give relevant examples.

Explain this. Give relevant examples. on Reconstitution of the Firm be incurred by teu• firm to give eiiect to the change in profit-sharinx incurred as remuneration 10 a parm•r or as partv The so 'n u relaun to rec [i) When >bon is paid to a partner: (Being the cred'ted concerned Partners Capital Account) Remuneration paid to a partner means partner is paid for the services rendered by him but ewe•nses are Worr-,e firm. However, a partner includes eupenses also. ey?enses are borne In case, the question silent as ro who (firm or éartner) paid the expenses. It •s assumed that partner has paid the partner is to bear the expenses and also has been paid by him. the expenses. no entry is passed. In case, expenses that were to be borne by the partner but are paid by the firm. following entry is passed: Concerned P annet•s Capital An To Cash,8ank (Being the expenses to be by the partner paid by the firm) i) When Expenses-a incurred and paid by the firm: laeing the expenses for reconstituting the firm: that borne by the