What is the minimum number of partners a firm should have? Post category:Accountancy Reading time:1 mins read SOLUTION There should be at least 2 persons to form a partnership. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostGive the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) Next PostWhat is the maximum number of partners that a partnership firm can have? Name the Act that provides for the maximum number of partners in a partnership firm. (Delhi 2016) You Might Also Like Amit and Vidya are partners sharing profits in the ratio of 3: 2. They admit Chintan into partnership who acquires 1 / 5th of his share from Amit and 4 / 25th share from Vidya. Calculate New Profit-sharing Ratio and Sacrificing Ratio. November 2, 2022 Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022 Payment and receipt of interest and dividend is classified as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2019) October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Amit and Vidya are partners sharing profits in the ratio of 3: 2. They admit Chintan into partnership who acquires 1 / 5th of his share from Amit and 4 / 25th share from Vidya. Calculate New Profit-sharing Ratio and Sacrificing Ratio. November 2, 2022
Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022
Payment and receipt of interest and dividend is classified as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2019) October 4, 2022
