Which of the following indicate that a partnership busine...
Which of the following indicate that a partnership business is in place?
(i) There is a business
(ii)It is run commonly by partners
(iii)It has profit-making in view
(iv) Partners' liability is limited
i and ii only
i, ii and iii only
i, iii and iv only
ii, iii and iv only
Correct answer is C
No explanation has been provided for this answer.
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partn...
The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...
Share premium can be used to? i. Write off discount on shares ii. Give loans to directors i...
1. Cash sales 11. Cash purchases 111. Cash discount allowed 1V. Cash payment V. Cash receipts ...
The balance on a purchase ledger control account represents the? ...