The persons who have entered into a partnership business are individually called:
A) realization a/c
B) partners capital a/c
C) sundry debtors
D) provision for bad debts a/c
Correct Answer:
Verified
Q5: At the time of dissolution non -
Q6: If a partner takes over an asset
Q7: Loss on realization is distributed among partners:
A)according
Q8: Loss on realization is:
A)debited to partners capital
Q9: When all partners are insolvent creditors will
Q11: The persons who have entered into a
Q12: If no provision is made in agreement
Q13: A person who declares by word of
Q14: A person who receives a share of
Q15: The agreement among partners which set out
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