MCQ Partner Capital A/c – Partnership accounts This quiz on the Partner capital A/c with 20 practice questions. Test your knowledge about the concepts of partner capital A/c with this MCQ practice test. This quiz contains questions 1-20 covering what is partner capital account, format of partner capital account, what items comes in partner capital […]
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MCQ Profit and Loss Appropriation A/c – Partnership accounts This quiz on the Profit and loss appropriation A/c with 15 practice questions. Test your knowledge about the concepts of profit and loss appropriation A/c with this MCQ practice test. This quiz contains questions 1-15 covering what is profit and loss appropriation account, what are the
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MCQ Profit and Loss Appropriation A/c – Partnership accounts This quiz on the Profit and loss appropriation A/c with 15 practice questions. Test your knowledge get the conceptual clarity on profit and loss appropriation A/c with this MCQ practice test. This quiz contains questions 1-15 covering what is profit and loss appropriation account, what are
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MCQ Interest on loan by partner to firm – Partnership accounts This quiz on the interest on loan by partner to firm with 20 practice questions. Test your knowledge about the meaning and accounting of interest on loan by partner to firm with this MCQ practice test. This quiz contains questions 1-20 covering what is
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MCQ Interest on loan by firm to partner – Partnership accounts This quiz on the interest on loan by firm to partner with 20 practice questions. Test your knowledge about the meaning and accounting of interest on loan by firm to partner with this MCQ practice test. This quiz contains questions 1-20 covering what is
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MCQ Charge vs appropriation – Partnership accounts This quiz on the charge against profits vs appropriation of profits with 15 practice questions. Test your knowledge about the meaning of charge vs appropriation with this MCQ practice test. This quiz contains questions 1-15 covering what is charge in partnership accounts, how it is different from the
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MCQ Charge vs appropriation – Partnership accounts This is first quiz on the charge against profits vs appropriation of profits with 15 practice questions. Test your knowledge about the meaning of charge vs appropriation with this MCQ practice test. This quiz contains questions 1-15 covering what is charge in partnership accounts, how it is different
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MCQ Meaning of Partnership This is second quiz on the meaning of partnership with 15 practice questions. Test your knowledge about the meaning of partnership with this MCQ practice test. This quiz contains questions 1-15 covering meaning and features of partnership, the rights of partners, Partnership deed and its importance and provisions in the absence
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MCQ Meaning of Partnership Test your knowledge about the meaning of partnership with this MCQ practice test. This quiz contains questions 1-15 covering meaning and features of partnership, the rights of partners, Partnership deed and its importance and provisions in the absence of partnership deed and liabilities of partners in case of unjust profits earned
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Liability of Partners – Partnership Law Explained Understanding when partners must surrender private profits to the firm and their liability in competing business activities. Partner Liability Flowchart Partner makes private profit without informing other partners Does NOT apply if partner informs and gets consent from all partners Two Possible Rules Apply: Rule 1: Competing Business
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