In the absence of an agreement, partners share profits
In the absence of an agreement, partners share profits
Based on activeness of a partner
Based on capital contribution
On patronage basis
On equal basis
Correct answer is D
No explanation has been provided for this answer.
July 30 Closing stock 100 units at N90 July 8 Purchased 200 units at N95 July 10 Sold 160 units J...
Use the following information to answer the given question \(\begin{array}{c|c} & N & &...
The petty cash book can have ...
Which of the following is a self-balancing account? ...
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...
Ata, Bubu and Chikum were in partnership sharing profits and losses in proportion to their capi...