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Partnership firm can not have a separate legal entity

Posted by Vaibhav Kansal 5 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Indrajeet Singh Arora 5 years, 7 months ago

As per accounting view point partnership have separate legal entity. However as per legal view point partnership does not have separate legal entity because in case of bankrupty of a partnership firm private estates of the partner would be liable for meeting firms debts .

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CBSE > Class 12 > Accountancy

0 answers

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Posted by Tanishk Kabra 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Annu Sahani 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

0 answers

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Mahi . 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

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