Accounting for ...

A partner is agent of the firm ________.

Interest on advance money provided by the Partner can be paid from ____________.

Which of these provisions are found in Partnership Act regarding sharing of profit and loss by partners ? 

The right to indemnity is lost on ___________________.

Under section 11 of th 6 Companies Act, 1956 for a non-banking business, the maximum number of partners can be __________.

Interest on capital can be paid __________.

ABC purchased an office equipment for Rs.$$25,000$$ on $$1-4-2012$$ and spent Rs.$$5000$$ on its installation. The office equipment is being depreciated at the rate of $$10\%$$ p.a. under SLM. On $$30$$th September $$2014$$ the firm decided to sell the office equipment for Rs. $$15,000$$. Find out the book value of the office equipment on the date of sale

Which of these is a point of difference between consignment and Joint Venture?

Going run concern concept is not followed in __

In case of winding up of firm if the asset of the firm are not sufficient to pay the partner capital, the deficiency in capital _______________________.