Define partnership
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Assignment 1: A adjusted Trial balance table given below: Southwest Business School Q : Fixed capital of partners Explain the Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Write down a short note on the major tasks of board that runs the organization?
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
1. Contribution After Marketing Assume that the sales forecast for brand TOJO is 160,000 units, and that you expect to sell 50% of these units through mass merchandisers,
What do you mean by the term balancing risk and return? Explain in brief?
A type of personal tax credit that reduces the amount a taxpayer must pay. The child tax credit is $1,000 (in 2008) for each child meeting the criteria the child must be a U.S. National, citizen, or resident under 17, a dependent of the taxpayer, and a grandchil
Business combination in which the acquiring corporation buys all the assets of the target, recording them at fair market values. The target is absorbed into the acquiring corpora- tion, and has gains on the sales of the assets that appear on its last tax return. In ad
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
What do you mean by the term changing business landscape?
18,76,764
1938750 Asked
3,689
Active Tutors
1456643
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!