Partnership firm accounting treatment?

Answers:0   |   LastUpdateAt:2012-08-19 04:40:28  

Asked at 2012-08-19 04:40:28
Dear Sir : MedlinePlus MedlinePlus a company can pay the liability of a term loan taken in the name of individual partner as loan taken out to buy a building, and this piece of land and building assets is presented as firm partners .. the loan is taken one year before the start of production and commercial hotel . The hotel building is in the name of 4 partners and loan repayment is two separate savings account idividual couple .. What is the accounting treatment of depreciation and intrest paid on the loan ...

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