Accountancy Articles

Commission to Partners

Meaning of Commission to Partners There are several ways in which the profits are appropriated...

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Partner Capital A/c

Meaning of Capital Meaning – In simplest terms , Capital means the amount that a...

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Interest on Drawings

What is drawings in Partnership Accounts Drawings means any amount withdrawn , either in cash...

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What is Partnership

Meaning of Partnership A partnership is an association between two or more persons who agree...

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