Define Partnership deed
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
What do you mean by the term balancing risk and return? Explain in brief?
What are the key elements of the Shell’s ethical code? Describe in brief?
What are the various Calls in Arrears? Describe it.
Write a short note on the relationship between risk and return?
An account used in a partnership to record an individual partner's investment in the partnership plus the indi- vidual's share of any undistributed partnership income. In a corpo- ration, the equity sections have two parts: the contributed capital and retained earning
Write down the scope of Management accounting?
List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any p
Briefly define how useful is the management accounting information is?
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