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 (C.B.S.E 2020) You Might Also Like If a fixed amount is withdrawn on the first day of every month, for what period the interest on total drawings will be calculated? September 23, 2022 Calculate Operating Ratio from the following information: Operating Cost Rs. 6,80,000; Gross Profit 25%; Operating Expenses Rs. 80,000. August 17, 2022 Give any two transactions which result into inflow of cash. October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If a fixed amount is withdrawn on the first day of every month, for what period the interest on total drawings will be calculated? September 23, 2022
Calculate Operating Ratio from the following information: Operating Cost Rs. 6,80,000; Gross Profit 25%; Operating Expenses Rs. 80,000. August 17, 2022