Accounting is the art of recording, classifying, summarising in a significant manner regarding money, transaction & events which are at least in part financial interpreting the result thereof. (AICPA...
QUESTIONS: Define Partnership Deed. Answer: A partnership deed is an agreement among the partners which contains ai! the terms of the Partnership. It generally contains the details about all the...
Suppose you open a book store, so, in common parlance, it would be said that the business is being carried on by you, and you are earning profit or incurring loss. However, Accounting sees it...