What is the status of partnership firm from an accounting viewpoint? Post category:Accountancy Reading time:1 mins read SOLUTION From an accounting view point, partnership firm is a separate business entity from the partners. 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 PostDoes partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) Next PostGive the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) You Might Also Like Virad, Vishad and Roma were partners in a firm sharing profits in the ratio of 5: 3: 2 respectively. On 31st March, 2013, their Balance Sheet was as under: August 5, 2022 Why would an investor prefer to invest in Shares of a Company rather than in its Debentures? September 29, 2022 Calculate Inventory Turnover Ratio from the data given Below: August 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Virad, Vishad and Roma were partners in a firm sharing profits in the ratio of 5: 3: 2 respectively. On 31st March, 2013, their Balance Sheet was as under: August 5, 2022
Why would an investor prefer to invest in Shares of a Company rather than in its Debentures? September 29, 2022