Q & A
Profit and Loss of Partnership
What is partnership? Definition and Characteristics
Types of partnership
Procedure to open books of partnership
What is Partnership Deed?
Fixed and Fluctuating Capitals
What are reserves in partnership?
Difference between reserves and provisions
Year end adjustments in partnership
Distribution of profit in partnership
Journal entries under fluctuating and fixed capital methods
Distribution of profit and loss – MCQs
Distribution of profit and loss – Q & A
Distribution of profit & loss – Fill in the blanks