Answer / bharat

Both are formed by association / group of persons.. But in
case of firm, registration of not necessary whereas company
must be registered / incorporated under Companies Act.

Firm has so many advantages than company in the following
clauses - Capital Clause, Filing forms, Auditing,
directorships.

if profit increase by 25percente, how much consumtion level ll be decrease to kept cost of goods sold same?

1 Answers  

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What is a Hold and Release

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what is the relation of accounting subject with other subjects like economics commerce and statistics?

1 Answers   TATA,

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3 Answers   Accenture,

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Explain what is bank reconciliation?

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1 Answers  

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Why loss shown in as Assets in Balance Sheet?

3 Answers  

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How the Entry passed for Loss of Payment

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What are FCCB and IDR?

1 Answers   JPMorgan Chase,

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Difference between P/L a/c and Trading a/c

13 Answers  

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