Accountancy, asked by Poojanpanchal, 5 months ago

What is worker's profit sharing fund for the partnership firm?

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Answered by InnocentCandy

Answer:

When workers are allowed to share in firm's profits, firm creates a fund that is known as workmen profit sharing fund. This fund totally belongs to workers and is a liability for the firm. So, it cannot be distributed among the partners.

Answered by Anonymous

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What is worker's profit sharing fund for the partnership firm?​

Answers

What is worker's profit sharing fund for the partnership firm?