What is the status of partnership firm from an accounting viewpoint? Post category:Accountancy Reading time:1 mins read SOLUTION From an accounting view point, partnership firm is a separate business entity from the 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 PostDoes partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) Next PostGive the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) You Might Also Like Revenue from Operations, i.e., Net Sales Rs. 6,00,000. Calculate Net Profit Ratio. August 17, 2022 Name any two items that can be disclosed under “Tangible Assets”. September 30, 2022 What is Inventory Turnover Ratio? October 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.