A partnership’s internal regulation are set out by_...
A partnership’s internal regulation are set out by________
A constitution
A law
A deed
An article
Correct answer is C
A partnership deed is a written agreement among the partners specifying rules and regulations and is signed by all the partners and stamped as per stamp act with an aim to prevent possible disputes and disagreements among the partners at future dates.
The price paid for the purchase of for the purchase of a business is ...
Given: Sales ............................N195,200 Stock 1st January.................N34,000 Purch...
A non-cash expense chargeable against profit and loss account is ...
Recognition of profit when goods are sold and the buyer takes ownership of them is in line with ...
When goods are sold for cash the credit entry goes to the ...