Partnership Deed Contents And Important Provisions Of Indian Partnership Act 1932 Partnership Deed Contents & Meaning : A partnership agreement in written form is known as Partnership Deed . Partnership Deed contains all important terms and conditions regarding the conduct of the business etc. As per Indian Partnership Act 1932 ., written
Read More
Company Accounts Introduction And Definition Company accounts introduction : Due to various limitations of Partnership firms and proprietary business the joint stock companies came into existence. Following are the few important advantages of joint stock companies as compared to other forms of business organizations : Large amount of capital can
Read More
Fixed Capital Method Fluctuating Capital Method | Methods Of Capital Accounts Explanation Learn Everything About Fixed Capital Method Fluctuating Capital Method Methods of capital accounts : In absence of any provision in a partnership deed , Indian Partnership Act 1932 , says that all partner should contribute equal amount of capital. But
Read More
Difference Between Equity Shares And Preference Shares And Meaning Of Equity Shares And Preference Shares What is the Meaning of equity shares and preference shares and What are the difference between equity shares and preference shares ? Meaning Of Shares Types & Difference : MEANING OF EQUITY SHARES - As per companies Act 1956, the
Read More
Difference Between Fixed And Fluctuating Capital Method System Distinction & Definition Learn The Difference Between Fixed And Fluctuating Capital Method System Distinction & Definition . Fixed Capital Method Definition - The method of maintaining capital accounts, in which the amount of capital remains fixed year after year, is called Fixed Capital Method . FIXED CAPITAL
Read More
Receipt And Payment Account Explanation, Features & Receipts And Payment Account Format What is receipts and payment account & how to prepare receipt and payment account ? Receipt And Payment Account Explanation : The Not for profit concerns works for social benefits. They collects the funds by the way of Subscriptions from members, Donations from
Read More
8 Different Types Of Partners In Partnership Act 1932 8 Different Types of partners in partnership act 1932 : ACTIVE PARTNER / WORKING PARTNER : The partner, who takes an active part / role in the management of business, is called as an Active partner. Such a partner is engaged
Read More
What Are Calls In Arrears And Some Important Points Regarding Calls-In-Arrears What are calls in arrears ? We know, in general the company collects the amount of shares in different instalments viz. Application money, Allotment money, first call , ….. Final call. The company sends a call letter to the shareholders
Read More