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What are the kinds of partners in partnership accounting?
Kinds of partnership
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
What is partnership accounting?
A business can be a corporation, a partnership, or a sole proprietorship. A corporation is incorporated at the state level. A sole proprietorship is one person in business. A partnership is two or more persons with an agreement on who has which assets and liabilities and income. Partnership accounting is doing the books for the partnership. For IRS purposes, a partnership return must be filed each year.
What is the conversion process from an accounting perspective when converting a partnership to a company structure?
a partnership converts to a company structure
What isnot a type of partnership?
A type of partnership that is not a partnership would be one that does not involve business.
Definition of the four phase accounting?
coorporate,individual,partnership,planning
What has the author Russell Storm Mackay written?
Russell Storm Mackay has written: 'Partnership accounts' -- subject(s): Accounting, Partnership
What are the type of accounting standard use in Nigeria?
ifrs is applicable in nigeria.we use it
Do you have examples on partnership?
what type of business is a partnership
What example are partnership?
A partnership is defined as an arrangement where parties agree to cooperate to advance their mutual interests. An example of partnership is doctors who share an office. Law firms and accounting firms are often partnerships.
What has the author R C De Zouche written?
R. C. De Zouche has written: 'Partnership accounts' -- subject(s): Accounting, Partnership
Explain the differences between financial accounting and Management Accounting?
Management accounting is a tool that managers use to perform day-to-day operations in an organization. This type of accounting usually does not provide exact numbers, but rather estimate and forecast. Financial accounting is a tool used to present the financial status of the organization to its external stakeholders. This type of accounting provides accurate numbers.
