Fixed capital of partners
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where further capital is introduced or capital is withdrawn enduringly.
Explain the term fixed capital of partners?
Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where further capital is introduced or capital is withdrawn enduringly.
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
Standard Costing: A costing technique which joins costs to cost objects based on reasonable approximations or cost studies and by the means of budgeted rates instead of according to actual costs incurred. The predictable cost of gener
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1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
What are the possible broad regions of decision making process where management accounting information is required?
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Write a short note on why wealth creation is a longer-term concept?
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
Briefly illustrate the general role of accounting?
Cost Accounting Practice: Any disclosed or recognized accounting process or technique that is used for the measurement of cost, assignment of cost to cost objects and assignment of cost to accounting periods.
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