A partnership arises whenever two or more people co-own a business and share in the profits and losses of the business. There are relatively five types of Partnership such as Partnership at will, Partnership for a particular venture, Partnership for …
Every organisation is a unique unit. In other words, every organisation seems different from other organisations. The reason for this difference is no other than the different culture of every organisation. Hence, it may be said that an organisation appears …
Incorporation is the second stage of the company’s formation, which is done by getting the company registered with the Registrar of Companies. The required fee for registration is paid and the certificate of Registration is obtained from the Registrar of …
Printer is an Online Output Device that prints the information received from computer on paper. This copy of Output on paper is called Hard Copy. For example, if you created a report on your computer, you could print several copies to hand …
Meaning Of Trial Balance – All the businessmen after completion of postings from Journal or Subsidiary Books to the Ledger, want to verify accuracy of the posting. For this purpose, a statement is prepared wherein the balances of all the …
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