Change In The Existing Agreement Between The Partners Is Called Mcq

(a) the agreement may be verbal b) the agreement may be inferred from the manner in which it acted previously c) the agreement must be printed, certified and legally registered (d) The contract may be a) written content; b) The rent to be paid to a partner c) the interest payable to a partner for a loan received by the partnership (d) the interest granted to the capital accounts of the Rose and Ivy partners, the shared profits compared to 2:1 and the annual accounts as of December 31, the Liby for a fourth profit as of March 1, 2012. Up to libya registration, the balances of Rose and Ivy`s accounts were $300,000 and $200,000, respectively. Liby introduced $200,000 as capital. Your partnership agreement provides for a salary of $2,000 per month and capital interest of 6% per year. In addition to adjusting to the profit-sharing rate, other conditions of the agreement will be maintained after La Liby`s admission. Earnings for the year ended December 31, 2012 were $480,000 and can be expected to have been accumulated continuously throughout the year. 32. A, B and C are partners that divide profits in a ratio of 4:3:2 to share profits equally. Is the overvalue with it? 10,800. For the adjustment of the value item: (A) A`s Capital A/c Cr. of USD 4,800; B`s Capital A/c Cr.

of $3,600; C`s Capital A/c Cr. of 2,400 USD. (B) A-Kapital A/c Cr. around 3,600 USD; B`s Capital A/c Cr. of $3,600; C`s Capital A/c Cr. of 3,600 USD. (C) A`s Capital A/c Dr. 1,200 USD; C`s Capital A/c Cr. of $1,200; (D) A`s Capital A/c Cr. around $1,200; C`s Capital A/c Dr. about 1,200 ₹ COCU 5. At the time of the dissolution of the business, “partner loans” (loans from partners to the company) are paid on the amount realized on the sale of assets: (A) After payment of loans granted by third parties (B) After payment of the balance of the partners` capital accounts (C) After payment of the loans mentioned above (A) and (B) (B) (D) Before payment of loans, (a) When a new partner is admitted, b) When an existing partner retires or dies, c) When the company establishes its annual accounts (d) If profit-sharing agreements between existing partners change, a partnership agreement determines the terms of a partnership transaction through a partner`s reciprocal agreement.

This kind of agreement can be? 38. Aran and Varan are partners who share gains in a ratio of 4:3. Your balance sheet was a balance sheet of? 5,6,000 on the general reserve account and a budget balance of ? 14,000 in the profit and loss account. They have now decided to share the future benefits fairly.

About the author