A partners whose liability goes beyond his capital is kno...
A partners whose liability goes beyond his capital is known as
Dormal partner
Limited partner
General partner
Nominal partner
Correct answer is C
General partner is a person who joins with at least one other person to form a business. A general partner has responsibility for the actions of the business, can legally bind the business and is personally liable for all the business's debts and obligations.
Determine the opening cash balance of the club? ...
Which of the following is a source of local government revenue? ...
\(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{...
''Below the line'' item in public sector accounting means such an item is........
Given: Fixtures-#30,000 Debtors-#7,000 Stock- #8,000 Creditors-#3,000 Goodwill-#10,000 Deter...