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Tag: partnership

10 DIFFERENT TYPES OF BUSINESS – NOTES

Posted on June 15, 2023June 15, 2023 By commerceiets No Comments on 10 DIFFERENT TYPES OF BUSINESS – NOTES

TYPES OF BUSINESS MEANING OF BUSINESS Business can be defined as an economic activity under taken for the production of goods and services with the aim of satisfying the human wants. The etymology of “business” relates to the state of being busy either as an individual or society, as a whole, doing commercially viable and profitable work….

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BUSINESS MANAGEMENT, BUSINESS ORGANISATION

DIFFERENCE BETWEEN JOINT VENTURE AND PARTNERSHIP

Posted on September 24, 2019 By commerceiets No Comments on DIFFERENCE BETWEEN JOINT VENTURE AND PARTNERSHIP
DIFFERENCE BETWEEN JOINT VENTURE AND PARTNERSHIP

Difference Between Joint Venture and Partnership is as follows: PARTNERSHIP Partnership business is a business where two or more persons agree to carry on commercial activity to earn profits. From legal point of view, partnership firm is not a separate legal entity. In other words, it has no existence separate from its partners. It means…

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FINANCIAL ACCOUNTING, KEY DIFFERENCES

PARTNERSHIP BUSINESS

Posted on April 15, 2019 By commerceiets No Comments on PARTNERSHIP BUSINESS
PARTNERSHIP BUSINESS

PARTNERSHIP BUSINESS PARTNERSHIP BUSINESS is a business where two or more persons agree to carry on commercial activity to earn profits. From legal point of view, partnership firm is not a separate legal entity. In other words, it has no existence separate from its partners. It means that in case of bankruptcy of partnership firm,…

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12 ACCOUNTANCY, PARTNERSHIP ACCOUNTS

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