What is meant by ‘partners’, ‘firm’ and ‘firm’s name’? Post category:Accountancy Reading time:1 mins read SOLUTION The persons who have entered into a partnership with one another cure individually called ‘partners’ and collectively a ‘firm’. The name under which the business is carried is called firm’s name’. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 giving reason, whether issue of shares for consideration other than cash will result into inflow, outflow or no flow of cash. (C.B.S.E. 2020, Kerala) Next PostDoes partnership firm has a separate legal entity? Give reason in support of your answer. (Delhi 2017) You Might Also Like What is meant by dissolution of partnership firm? September 27, 2022 How goodwill is recorded on the retirement or death of a partner? September 27, 2022 Total Debt Rs. 12,00,000; Shareholders’ Funds Rs. 2,00,000; Reserves and Surplus Rs. 50,000; Current Assets Rs. 5,00,000; Working Capital Rs. 1,00,000. Calculate Total Assets to Debt Ratio. August 12, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Total Debt Rs. 12,00,000; Shareholders’ Funds Rs. 2,00,000; Reserves and Surplus Rs. 50,000; Current Assets Rs. 5,00,000; Working Capital Rs. 1,00,000. Calculate Total Assets to Debt Ratio. August 12, 2022