Define PARTNERSHIP



Define PARTNERSHIP..

Answer / sarat

when two or more person start his business investing
capital with the aims to share his profit and bearing all
the risk of losses is known as partnership

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

what are thw diferrences between a cash book & a petty cash book?

5 Answers  


What is Bank Reconcilation Statement?

13 Answers   First Midwest Bank, IBM,


what can increase gearing?

0 Answers  


Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?

1 Answers   Franklin Templeton,


Expand-------ATBN

0 Answers   ACS,






What is the safety of margin?

4 Answers   Lloyd,


EXPAND_________VAT

6 Answers  


Expand ________FCD

2 Answers  


Expand ________FBT

4 Answers  


Expand-----BDAC

1 Answers  


While closing the accounts at the year end Closing stock is shown on ---------------and-----------

3 Answers  


EXPAND_________BPDU

1 Answers  


Categories