Are you confused about why the profit and loss appropriation account is prepared in partnership? I have explained everything about the Profit and loss appropriation account ranging from its format, features, definition, and reasons to prepare it as per the…
Are you looking for the liabilities of partners as given in Accounting for partnership – Fundamentals chapter class 12 accountancy CBSE Board. Partners Liabilities class 12 Accountancy liabilities of partners are subject to agreement among partners. following are the liabilities…
See, in order to form a partnership there is no need to have written agreement. A partnership can be formed in oral form also. But it is advisable to have a written agreement where all terms and conditions mutually decided…
Are you looking for the complete detail of partnership deed as given in the Accounting for partnership firms – Fundamentals chapter of Class 12 Accountancy CBSE Board. I have summed up all the detail of Partnership deed ranging from the…
Are you looking for the rights of partners as given in Accounting for partnership – Fundamentals chapter of Class 12 Accountancy CBSE Board. I have summed all rights of partners as given in the syllabus of class 12 Accountancy. Rights…
