Whenever more than one person enters into business together, a partnership is formed. In the best-case scenario, a partnership agreement is drafted and the rules of the partnership are expressed to ...

CBSE Accounting for Partnership Basic Concepts Class 12 Mind Map: This article brings to you mind maps for CBSE Class 12 Accountancy Chapter 1, Accounting for Partnership Basic Concepts. We have also ...

Regardless of the type of company you run, the same basic accounting equation applies: The value of your company's assets is equal to its total liabilities plus the owners' equity in the firm.

An official from the American Institute of CPAs asked the Internal Revenue Service to revise its proposed regulations for auditing large partnerships during an IRS hearing Monday. The IRS held a ...

CBSE Class 12 th Accountancy exam is scheduled for 5 th March 2020. In this article we have complied a list of important questions from Chapter 2: Partnership Firm- Basic Concept. Questions given ...