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 Marigold Ltd. was registered with the authorized capital of Rs. 3,00,000 divided into 3,000 shares of Rs. 100 each, which were offered to the public. Amount payable as Rs. 30 per share on application, Rs. 40 per share on allotment and Rs. 30 per share on first and final call. These shares were fully subscribed and all money was dully received. Prepare journal and Cash Book. July 13, 2022 Gautam and Yashica are partners in a firm, sharing profits and losses in 3: 1 respectively. The Balance Sheet of the firm as on 31st March, 2018 was as follows: November 4, 2022 From the following information, calculate Cash Flow from Investing Activities: August 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Marigold Ltd. was registered with the authorized capital of Rs. 3,00,000 divided into 3,000 shares of Rs. 100 each, which were offered to the public. Amount payable as Rs. 30 per share on application, Rs. 40 per share on allotment and Rs. 30 per share on first and final call. These shares were fully subscribed and all money was dully received. Prepare journal and Cash Book. July 13, 2022
Gautam and Yashica are partners in a firm, sharing profits and losses in 3: 1 respectively. The Balance Sheet of the firm as on 31st March, 2018 was as follows: November 4, 2022