what is difference between company and firm
Both are formed by association / group of persons.. But in
case of firm, registration of not necessary whereas company
must be registered / incorporated under Companies Act.
Firm has so many advantages than company in the following
clauses - Capital Clause, Filing forms, Auditing,
directorships.
| Is This Answer Correct ? | 7 Yes | 2 No |
what is the entry for toll gate fee
what is the meaning of contra, give the example
How does Cheques work while processing it in SAP? What are the effects and the methods.
Do you use social media to identify prospects?
What a deferred asset is and give an example?
What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company
What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash
What do you mean by prepration of Balance sheet? how to explain this with example, please tell me if anybody knows this.
Baddebts can charged to opening balance having credit balance?
WHAT IS THE DIFF BETWEEN REVENUE AND INCOME??
What is corporate assesses?
Explain fictitious assets?