What is the minimum number of partners a firm should have? Post category:Accountancy Reading time:1 mins read SOLUTION There should be at least 2 persons to form a partnership. 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 PostGive the meaning of ‘Liability of Partners’ as a feature of partnership. (C.B.S.E 2020) Next PostWhat is the maximum number of partners that a partnership firm can have? Name the Act that provides for the maximum number of partners in a partnership firm. (Delhi 2016) You Might Also Like A and B are partners sharing profits equally. A drew regularly Rs. 4,000 at the end of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022 What does activity ratio show? (C.B.S.E. 2016) October 1, 2022 The trade receivables turnover ratio of a company is 6 times. State with reasons whether the ratio will improve, decrease or riot change due to increase in the value of closing inventory by Rs. 50,000. October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B are partners sharing profits equally. A drew regularly Rs. 4,000 at the end of every month for six months ended 30th September, 2019. Calculate interest on drawings @ 5% p.a. for a period of six months. July 21, 2022
The trade receivables turnover ratio of a company is 6 times. State with reasons whether the ratio will improve, decrease or riot change due to increase in the value of closing inventory by Rs. 50,000. October 3, 2022