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Class 12 Tuition > Learn Accountancy > Meaning of partnership term
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Meaning of partnership term

Dr Sandeep K.
11 Sep 0 0

Partnership is the legal relation between two or more persons who have agreed to share profits and losses of the business carried on by all or any of them acting for all.

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Class 12 Tuition Questions

P P Limited is Share Broker Company. G G Limited is engaged in manufacturing of packaged food. P P Limited...

16 Answers

There is no agreement regarding sharing of profits (or) partnerships salary. Rose is a whole-time partner...

6 Answers

Why should a new partner contribute towards goodwill on his admission?

17 Answers

Is a partner entitled to salary if he works more than others if partnership deed is silent?

5 Answers

Give two examples of â??Significant non cash transactionsâ??.

9 Answers

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