Case Based MCQs of Change in Profit Sharing Ratio Class 12 with Answers A, B and C are partners sharing profits and losses in the ratio of 5 : 3 : 2. A was unable to devote time to business…
Are you looking the accounting treatment and journal entry of interest on the loan by the firm to partner in Accounting for Partnership Firm – Fundamentals chapter of Class 12 CBSE Board A firm may give a loan to a…
What is the Definition of Partnership as per Class 12 Here is the simplest definition of partnership according to the syllabus of class 12 CBSE, ISC, State Board. Definition of Partnership Video Lecture Link Definition of Partnership Click Here The…
Here we would discuss the Essential Features of a Partnership Essential Features/Characteristics/Elements of Partnership (Class 12 Accounts) The following are the Essential Features of Partnership. Without them, Partnership is not possible. Video Lecture Link Features of Partnership Click Here Two…
Looking for important assertion reason MCQs of Accounting Ratios chapter of Accountancy class 12 CBSE, ISC, CUET, and State Board We have compiled very important assertion reason multiple-choice questions in the Accounting Ratios chapter of Accountancy class 12 Assertion Reason…
