Interest on capital will be paid to the partners if provided
for in the agreement but only
from________
(a) Profits.
(b) Reserves.
(c) Accumulated Profits.
(d) Goodwill.
Answer Posted / mahendra rajput
Profits.
Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is purchasing order?
What are depreciation and amortization?
List out some of the accrued expenses and the accounts in which you would record them?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
what is the D.V.T. rate from 1/10/2009
When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
Explain what is accrual accounting?
You are a B.E Student? How can u manage Banking?
hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
how to create salary and pf statement in excel sheet?
As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?
What are the 4 types of ppe?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.