A. B, C and D are partners. A, B and C desire that D should not participate in the conduct of the business of the firm. Can they prevent D? Post category:Accountancy Reading time:1 mins read SOLUTION No. Every partner is entitled to participate in the conduct of the affairs of the firm. 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 PostA and B jointly purchased a plot of land. Will they be called partners? Next PostAlka, Barkha and Charu are partners in a firm having no partnership agreement. Alka, Barkha and Charu contributed Rs. 2,00.000, Rs. 3.00,000 and Rs. 1,00,000 respectively. Alka and Barkha desire that the profits should be divided in the ratio of capital contribution. Charu does not agree to this. How will you settle the dispute? You Might Also Like From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5: 5: 4. Mohan died and his share was taken equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5: 4: 1. P died from. August 4, 2022 What are preliminary expenses? September 28, 2022 What journal entry’ will be recorded for deceased partner’s share in profit from the closure of last balance sheet till the date of his death? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5: 5: 4. Mohan died and his share was taken equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5: 4: 1. P died from. August 4, 2022
What journal entry’ will be recorded for deceased partner’s share in profit from the closure of last balance sheet till the date of his death? September 27, 2022