Define PARTNERSHIP
Answer / sarat
when two or more person start his business investing
capital with the aims to share his profit and bearing all
the risk of losses is known as partnership
| Is This Answer Correct ? | 1 Yes | 0 No |
Hi friends, can you please send me GENPACT's Accounts Test Questions. Thanks in advance.
what is serviuce tax,how to calculate service tax?
What accounting records must a non-company charity keep, and for how long?
Briefly explain about Stok valuation.
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
What is Letter of Credit?
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
expand T I N
Why Copyrights,patents,goodwill etc.etc. falls under real account and not nominal or personal account? I know anything which affect trading & Profit & Loss accounts are nominal accounts.And the above do not affect the Trading or P/L accounts but on the other hand they are intangible and neither can they fall under real accounts as Real accounts are those that are not personal and they are tangible. Again in another way if we see, Patents, Copyright ,Goodwill etc. etc. kindoff acts as a representative of a person or a company like in the same way as a Bank or Company name,so they can they not fall under Personal Account??
what is differed revenue expenditure
state the circumstance under which an agreement is viod abinitio.
2 Answers College School Exams Tests, Ignou, L&T, SRK,