The minimum number of persons in a partnership firm is Options: A . &nbspone B . &nbsptwo C . &nbspseven

The minimum number of persons in a partnership firm is

Question

The minimum number of persons in a partnership firm is

Options:

A . one

B . two

C . seven

Answer: Option B

Submit Your Solution Below and Earn Points !

Next Question

Question 1. The excess of average profit over normal profit is ________....

Question 2. A partnership can be formed only for a ________ business....

Question 3. A, B and C are in partnership for several years and sharing profits and losses in the ratio 3 : 3 : 2....

Question 4. X and Y were equal partners....

Question 5. Revaluation A/c is a....

Question 6. 1....

Question 7. On revaluation the increase in the value of assets leads....

Question 8. If the old profit sharing ratio is more than the new profit sharing ratio of a partner the difference is called....

Question 9. The profit or loss on revaluation of assets and liabilities is transferred to the capital account of....

Question 10. At the time of admission the goodwill brought by the new partner may be credited to the capital accounts of....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0