Question

Why is the general public unaware of the financial position of partnership business
pls don't Google it ​

Answer 1

Answer:

Legally partnership firms and not required to publish the financial reports therefore the confidence of the public in these firms is very low because the public does not know about the true financial position of the firm.

Since their accounts are kept confidential. Because of secrecy under which a partnership firm is not liable to disclose any information to government and public. Because in partnership, there is a feature of secrecy.

Answer 2

Answer:

Since their accounts are kept confidential . Because of a secrecy under which a partnership firm is not liable to disclose any information to goverment and public . Because in partnership , there is a feature of secrecy .( did not google )

Explanation:

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