conclusion of accounting for partnership
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Partnership is a form of business organisation. ... Thus the process of profit ascertainment (final accounting) for a business would be the same whatever may be the form of business organisation. 2. The profits of the partnership firm are shared among the partners in the manner indicated in the partnership agreement.
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8
Answer:
Partnership is a form of business organisation. ... Thus the process of profit ascertainment (final accounting) for a business would be the same whatever may be the form of business organisation. 2. The profits of the partnership firm are shared among the partners in the manner indicated in the partnership agreement.
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