Partners whose liabilities are restricted to their financ...
Partners whose liabilities are restricted to their financial contribution to the partnership in the event of winding up are
Ordinary partners
Limited partners
Dormant partners
Sleeping partners
Correct answer is B
Limited partner is a partner in a company or venture whose liability towards its debts is legally limited to the extent of their investment.
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The amount of subscriptions accrued is reported in the balance sheet under? ...
Use the following information to answer this question The following are the final accounts of a t...
Investment at cost of a company is to be disclosed under ...
Which of the following is capital expenditure? ...
Social Club Subscription (Extract) 31/12/2009 Subscription accrued #18,900 Subscription received...