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Answer in one sentence only. How many partners are required to form a partnership firm? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.

How many partners are required to form a partnership firm?

एका वाक्यात उत्तर

उत्तर

Minimum two persons are required to form a partnership firm.

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Partnership
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पाठ 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५२]

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बालभारती Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership and Partnership Final Accounts
Exercise 1.1 (Objective Questions) | Q I. F. 5) | पृष्ठ ५२

संबंधित प्रश्‍न

Maximum number of Partners in a firm are ______ according to Companies Act 2013.


Answer in one sentence only.

What are the objectives of the Partnership Firm?


What is the main objective of the Partnership Firm?


Registration of Partnership is ______ in India.


When there is no partnership agreement between partners, the division of Profits take place in ______ ratio.


Which of the following is not considered a tool for formative assessment?


Assertion: The SI system of the units is the suitable system for measurements

Reason: The SI unit of temperature is kelvin.


Consider the following statements and tick the appropriate answer

  1. The Vellore revolt was held in 1801.
  2. The family members of Tippu were imprisoned at Vellore fort after the fourth Mysore war.
  3.  At the time of Vellore revolt, the Governor of Madras was Lord William Bentinck.
  4. The victory of revolt  of Vellore against British was one of the significant event  in the history of India.

Write the word/phrase/term, which can substitute the following sentence.

Proportion in which partners share profits.


State whether the following statement is  are True or False with reasons :

A partnership firm is a Non-Trading Concern.


Registration of Partnership is ______ in India.


Liabilities of partners in partnership firm is ______.


Completed the correlation:

Perfect competition: Free entry and exit:: ______: Barriers entry.


Answer in one sentence only: 

What is fluctuating capital?


Do you agree/disagree with the following statements.

Partnership Firm is a trading concern.


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|\ \phantom{....} |\ \phantom{....}|\ \phantom{....} |\ \phantom{...}|\\
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\phantom{.}|\ \phantom{....} |\ \phantom{....} |\ \phantom{....} |\ \phantom{....} |\\
\phantom{...}\ce{H}\phantom{...}\ce{H}\phantom{.....}\ce{H}\phantom{...}\ce{H}\phantom{....}\ce{H}\phantom{....}\\
\end{array}\]


The liability of partners in a partnership business is ______.


State whether the following statement is True or False with reasons :

Partnership firm is a Non-Trading Concern.


Write the word/phrase/term, which can substitute the following sentence.

Process of entering the name of partnership firm in the register of Registrar.


State whether the following statement is True or False with reasons:

Partnership firm is a Non-Trading Concern.


State whether the following statement is True or False with reasons:

Profit and Loss Account is a Real Account.


Find odd one.


The Indian Partnership act is in force since ______.


Answer in one sentence only.
What are the objectives of the Partnership Firm?


In the absence of an agreement, interest on loan advanced by the partner to the firm is allowed at the rate of ______.


Answer in one sentence only.

What are the objectives of the Partnership firm?


Find odd one.


 Answer in one sentence only:

What are the objectives of the Partnership firm?


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