Accountancy, asked by ashish002293, 6 months ago

what is meant by partnership firm?

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Answered by priyaadharani007

0

hello here is your answer

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Answered by lalitnit

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Answer:

Persons who have entered into partnership with one another to carry on a business are individually called “Partners“; collectively called as a “Partnership Firm”; and the name under which their business is carried on is called the “Firm Name” A partnership firm is not a separate legal entity distinct from its members.

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