{"id":24874,"date":"2022-02-13T13:11:02","date_gmt":"2022-02-13T07:41:02","guid":{"rendered":"https:\/\/itatonline.org\/digest\/vishwas\/treatment-of-debit-balance-in-partners-capital-account\/"},"modified":"2022-02-17T05:47:02","modified_gmt":"2022-02-17T00:17:02","slug":"treatment-of-debit-balance-in-partners-capital-account","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/treatment-of-debit-balance-in-partners-capital-account\/","title":{"rendered":"Treatment of debit balance in partners capital account."},"content":{"rendered":"<p>Partner had debit balance in partners capital account. He left the firm without paying overdrawn amount to the firm. Can partnership firm claim this as business loss or unrecoverable loan and write off the said amount in profit &amp; loss account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partner had debit balance in partners capital account. He left the firm without paying overdrawn amount to the firm. Can partnership firm claim this as business loss or unrecoverable loan and write off the said amount in profit &amp; loss account.<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/treatment-of-debit-balance-in-partners-capital-account\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[305],"class_list":["post-24874","vishwas","type-vishwas","status-publish","hentry","expertname-advocate-shashi-a-bekal"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/24874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24874"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24874"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24874"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=24874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}