MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Recap of Accounting Process

A partnership...

Question

A partnership is created for which of these purposes?

A

Business

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Religious

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Social

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Charitable

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Business
It is a basic element of partnership to carry business to earn profit.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Partnership created for a particular adventure or a particular undertaking is called __________.

Q. Partnership is created by a ________.

Q. Partnership is created by __________.

Q. In which of these cases a partner give notice for dissolution of partnership?

Q. Which of these can be treated as just and equitable ground for dissolution of a partnership firm under the Partnership Act?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Appropriation vs Charge

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Recap of Accounting Process

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon