Management According to Marrie and Douglas, "Management is the process by which a co-operative group directs actions of others toward common goals." Management is a process of getting work done with the aim of achieving…
Accounting for Partnership Firm| Fundamentals Part 1 Meaning…
Partnership: Partnership is an association of two or more persons (should not be more than 50) who have agreed to share profits of a business carried on by them. Features of Partnership Association of two…
Accounting for Partnership Firm| Fundamentals Part 3| Interest…
https://youtu.be/mxFGIkxGnBs Interest on Capital : (a) For crediting interest on capital to partners' capital account : Interest on Capital A/c Dr. To Partners' Capital/Current A/c (Individually) (b) For transferring interest on capital to profit and…
Accounting for Partnership Firms| Fundamentals Part 2 Profit…
Accounting for Partnership Firm| Fundamentals - Part 2| Profit and Loss Appropriation Account (with PDF & Video Lecture) – Class 12 (2022-23)| CUET/NCERT Division of Profits among Partners Profit is distributed among all partners after…