12th class Principle of Accounting chapter 7 short question with answers for ICom part 2 Principle of Accounting Chapter 7

Online Short Questions For Chapter 7 "ICOM Part 2 Principles of Accounting Chapter 7 Short Questions Preparation "

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Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 7 Short Questions Preparation

Question # 1

Define about secret partner.

  • Ans 1: A secret partner provides capital to the firm.He share is profit and loss of the firm.He does not take active part in the business of the firm.He is liable to third parties in case of loss.
    A secret partner may be a sleeping partner.
Submit

Prepare Complete Set Wise Questions For Chapter 7 "ICOM Part 2 Principles of Accounting Chapter 7 Short Questions Preparation "

ICOM Part 2 Principles of Accounting Chapter 7 Short Questions Preparation - Set 1

Question # 1

Define about secret partner.

  • Ans 1: A secret partner provides capital to the firm.He share is profit and loss of the firm.He does not take active part in the business of the firm.He is liable to third parties in case of loss.
    A secret partner may be a sleeping partner.
Submit

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Principles of Accounting
7th Chapter

12th Principles of Accounting Chapter 7 Test

Here you can prepare 12th Class Principles of Accounting Chapter 7 Accounts from Incomplete Records Test. Click the button for 100% free full practice test.

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