legal accounting methods to reduce profit of a partnership
firm so as to reduce the tax liability?
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From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000
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The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
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