A ,B and C are partners and A took a house on rent for the business purpose.In this case,the rent will be borne by ?
1-A
2-B and C
3-All the partners.
Gaurav Mohnani
(OWNER)
(536 Points)
Replied 19 June 2012
WHICH OF THE FOLLOWING DOES NOT INCLUDE IN CURRENT ACCOUNT ?
A- GOODS
B- SERVICES
C- UNILATERAL TRANSFERS
D- INVESTMENT
Ali Raza
(Student : CA - IPCC )
(163 Points)
Replied 19 June 2012
I was not sure,but i was thinking it to be C.
Nirmal
(CA-FInal)
(280 Points)
Replied 20 June 2012
Currenet account doesnt include Portfolio INVESTMENTS
Nirmal
(CA-FInal)
(280 Points)
Replied 20 June 2012
Currenet account doesnt include Portfolio INVESTMENTS
Nirmal
(CA-FInal)
(280 Points)
Replied 20 June 2012
current a/c of BOP dosent take private portifolio investments.so its D
KRISHNAPRASAD IYER
(B.Com , CA Final)
(657 Points)
Replied 20 June 2012
it will be borne by all the partners , i.e; the firm will bear it
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