Accounting for ...

A, B and C are partners in the firm. C is passing through a bad financial crisis. He applies for his insolvency on 14.08, his case is heard on 1.06.08 and he is finally declared insolvent on 15.08.08 which was received by the firm on 17.08.08. C ceases to be a partner with effect from

Joint Venture is a partnership.........

Registration of a partnership firm is deemed to be complete ..........

A partnership is not created when share of payment is received by

........ comes into existence when one of the partner agree to share his profit from the firm with a stranger

A retiring partner is not liable to any 3rd party in which of the following circumstances

ABC are three partners sharing profit and loss equally. B retires from the firm and his share of profit was purchased by A and C in the ratio 2:1. Find the gaining ratio of A and C.

At what rate interest is allowed on the outstanding loan of a deceased or retiring partner as per Partnership Act,1932

Joint venture is a _________ business.

Which of the following is not a method of valuation of goodwill?