What is meant by ‘partners’, ‘firm’ and ‘firm’s name’? Post category:Accountancy Reading time:1 mins read SOLUTION The persons who have entered into a partnership with one another cure individually called ‘partners’ and collectively a ‘firm’. The name under which the business is carried is called firm’s name’. 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 PostState giving reason, whether issue of shares for consideration other than cash will result into inflow, outflow or no flow of cash. (C.B.S.E. 2020, Kerala) Next PostDoes partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) You Might Also Like How the goodwill is valued under the Capitalisation of Super Profit method? September 26, 2022 ‘Interest paid on debentures is a charge against the profits of the company’. Is this statement correct? Give reason in support of your answer. (C.B.S.E. 2020, Kolkata, Lucknow) September 29, 2022 Prepare Cash Flow Statement from the following: August 20, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
‘Interest paid on debentures is a charge against the profits of the company’. Is this statement correct? Give reason in support of your answer. (C.B.S.E. 2020, Kolkata, Lucknow) September 29, 2022