0
A partner with limited liability and contribution.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Liabilities is real accounts or nominal accounts?
nominal account.
How you find nominal accounts?
which are is transfer the accounts in other name is nominal accounts
Is depreciation account nominal account?
yes ! it comes under nominal account !!
Is drawing ac is nominal account?
yes, drawing account is a nominal account.
Is suspense account is a nominal account?
Nominal accounts are closed at the end of each accounting year. In that sense, surely Suspense Account is a Nominal Account.
What is the definition of a nominal partnership?
WHAT IS NOMINAL PARTNERA person who neither has ownership rights or active involvement in the firm's affairs, but has a strong interest in the success of the partnership firm. Often a well known, well connected individual whose association lends credibility and recognition to the firm is suited to the role of a nominal partner. This individual also known as a limited or ostensible partner, is paid a fee for his service.definitionPerson who has an interest in the success of a partnership firm but, legally, is not partner because he or she neither owns a part of the firm nor actively participates in its affairs. Often a nominal partner is a well known, well connected individual whose name lends credibility and recognition to the firm, and is paid a fee for this service. Also called limited partner or ostensible partner.
Is politics nominal or ordinal?
Nominal.
is sex ordinal or nominal?
nominal
Is BMI a nominal or ratio data?
nominal
Is favourite sport ordinal or nominal?
Nominal
Is work settings nominal or ordinal?
They are nominal.
A sentence with the word Nominal?
i had to pay Nominal fees. Nominal charges might apply on your purchase.
Advantages and disadvantages of nominal scale?
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
Liabilities is real accounts or nominal accounts?
nominal account.
What is a sentence with nominal?
After the rocket took off, its systems were nominal.
What kind of leadership is queen Victoria nominal or authoritative?
nominal
What level of measurement is required to determine the mode?
nominal
