The liabilty positions of
1.sole proprietor
2.Partnership
3.Company
Answer / naveengokarapu@gmail.com
for soletrading- UNLIMITED
for partnership- Unlimited, Joint and several
for Company-- Limited to the extent of share
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Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three
Purchase of goods worth Rs 354800 from Anand traders which is inclusive of vat tax 4%. Pass entry showing vat in detail
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