Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is difference between company and firm



what is difference between company and firm..

Answer / bharat

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

Post New Answer

More Accounting General Interview Questions

what is the entry for toll gate fee

0 Answers   Finance, MMM,


what is the meaning of contra, give the example

5 Answers  


How does Cheques work while processing it in SAP? What are the effects and the methods.

0 Answers   IBM,


Do you use social media to identify prospects?

0 Answers  


What a deferred asset is and give an example?

0 Answers  


What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company

3 Answers  


What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash

15 Answers   ICA,


What do you mean by prepration of Balance sheet? how to explain this with example, please tell me if anybody knows this.

4 Answers  


Baddebts can charged to opening balance having credit balance?

3 Answers  


WHAT IS THE DIFF BETWEEN REVENUE AND INCOME??

3 Answers  


What is corporate assesses?

0 Answers   Genpact,


Explain fictitious assets?

0 Answers  


Categories