The purpose of preparation of partners' capital account is: O a. To know the balance...

80.2K

Verified Solution

Question

Accounting

image
The purpose of preparation of partners' capital account is: O a. To know the balance of goodwill of each partner O b. To know the balance of capital of each partner . To know the interest on loan of each partner O d. To know the balance of drawings of each partner Which one of the following is covered by the Commercial company law of Oman? O a Municipalities O b. Joint-stock companies Oc Social service organizations d. Non-profit organizations

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students