Compare and contrast the accounting procedure followed by a
sole trader and a partnership firm.
Answer / sonali
In partnership firm P/L Appropriation a/c is prepared in
sole partnership it is not required..
| Is This Answer Correct ? | 3 Yes | 1 No |
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The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend?
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Short Answer on ______________Assets
expand N H A I
fd redeem interest and principal entry in tally