What is meant by ‘mutual agency’ in case of partnership? (C.B.S.E. 2019. Chennai) Post category:Accountancy Reading time:1 mins read SOLUTION Mutual agency means every partner works as principal for himself as well as other partners. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState the ‘liability of a partner’ in a partnership firm.(C.B.S.E. 2019. Delhi) Next PostDoes partnership firm has a separate legal entity? Give reason in support of your answer. You Might Also Like What does Trade Receivables Turnover Ratio indicate? October 1, 2022 What is Over-subscription? (C.B.S.E. 2019, C) September 28, 2022 Pass the necessary journal entry when 10,000 debentures of Rs. 100 each are issued as collateral security against a Bank Loan of Rs. 8,00,000. September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Pass the necessary journal entry when 10,000 debentures of Rs. 100 each are issued as collateral security against a Bank Loan of Rs. 8,00,000. September 29, 2022