Define Partnership deed
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Briefly describe the main purpose of the business?
What do you mean by the term position analysis in a business? Briefly illustrate it.
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Write down a short note on the benefit of economic in accounting management information?
Explain the term bank reconciliation statement?
Write a short note on why wealth creation is a longer-term concept?
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
What are the various features of the management accounting information system?
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
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