Is a sleeping* partner liable to the acts of other partners? Post category:Accountancy Reading time:1 mins read SOLUTION Yes, sleeping partner is liable to the acts of 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 provisions of Indian Partnership Act regarding the payment of remuneration to a partner for the services rendered. Next PostIn the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? You Might Also Like P and Q were partners in a firm sharing profits in the ratio of 5: 3. R was admitted for 1 / 4th share in the profits, of which he took 75% from P and the remaining from Q. Calculate the sacrificing ratio of P and Q. (CBSE 2020) November 2, 2022 Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet at 31st March, 2019 stood as: August 1, 2022 Following is the Balance Sheet of the firm, Ashirvad, owned by A, B and C who share profits and losses of the business in the ratio of 3 : 2 : 1. August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
P and Q were partners in a firm sharing profits in the ratio of 5: 3. R was admitted for 1 / 4th share in the profits, of which he took 75% from P and the remaining from Q. Calculate the sacrificing ratio of P and Q. (CBSE 2020) November 2, 2022
Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet at 31st March, 2019 stood as: August 1, 2022
Following is the Balance Sheet of the firm, Ashirvad, owned by A, B and C who share profits and losses of the business in the ratio of 3 : 2 : 1. August 1, 2022