Partnership Accounts: Introduction, Meaning, Definition, Characteristics, Contents of the Partnership Deed, Nature of the Partnership Accounts, Specimen of Capital Accounts, etc.
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class 12 / completeguide
Valuation of shares, nature of shares, factors affecting shares, need for valuation of shares, method of valuation of shares, net asset based method, yield based method, fair value method
Meaning
Purpose or utility of common size statement
Common Size Balance sheet
Purpose of common size balance sheet
Format of common size balance sheet
Illustration
Exercise
Common Size Statement of profit & loss
Purpose of common size statement of profit & loss
Format of common size statement of profit & loss
Illustration
Exercise
its my first !
please #follow so that i will make more for all
it is according to class 12 syllabus ! hopefully it will weak students like me ! it contains all fundamentals of partnership firm.
it also usefull in xam times as revision notes!
for more just follow me !
fb@venuankush
class 12 / completeguide
Valuation of shares, nature of shares, factors affecting shares, need for valuation of shares, method of valuation of shares, net asset based method, yield based method, fair value method
Meaning
Purpose or utility of common size statement
Common Size Balance sheet
Purpose of common size balance sheet
Format of common size balance sheet
Illustration
Exercise
Common Size Statement of profit & loss
Purpose of common size statement of profit & loss
Format of common size statement of profit & loss
Illustration
Exercise
Detailed PPT on " Partnership act,1932" with all types,advantages,disadvantages, all important acts and position of Minor 's along with all required diagrams.
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This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
8. Definition of PARTNERSHIP
According to Sec.4 of the
Indian Partnership Act 1932,
“Partnership is the relation between
persons who have agreed to share
the profits of a business carried on
by all or any of them acting for all”
9.
10. Characteristics of a Partnership
* Association of Two or More Person
* Agreement
* Business
* Profit Motives
* Management
* Implied Agency
* Unlimited Liability
19. Partnership Deed
Partnership is based on an agreement between all the
partners. The agreement may be oral or in writing. To avoid
future quarrels, it is better to have the agreement in writing.
When the agreement is written and signed by all the
partners, it is called as a “Partnership Deed”.
20. Contents of the Partnership Deed
1. Name of the firm
2. Date of constitution of the firm
3.The principal business place of the firm
4. The names, addresses, occupations and age of the partners
5. The capital contribution by each partner
6. The maximum permitted amount of drawing for each partner
7. The interest chargeable on capital and on drawings.
8. The profit sharing ratio
9. The salary, rent, commission, etc., payable to the partners.
10. Provisions for admission of a new partner or retirement of an existing
partner
11. Keeping of the accounts and their audit
12. The management of the firm
13. Any other matter connected with business
