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181 Answers
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- Answered By Nikita Chetry
- Answer: 6 days ago
Here are eight differences between dissolution of partnership and dissolution of partnership firm: Definition: Dissolution of partnership refers to the termination of a partnership relationship,...
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- Answered By Nikita Chetry
- Answer: 6 days ago
Five factors affecting the goodwill of a firm are:Quality of products or services: Goodwill is often associated with the quality of a company's products or services. A company that offers high-quality...
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- Answered By Nikita Chetry
- Answer: 6 days ago
Three limitations of partnership business are:Limited liability: Partners in a partnership business are personally liable for the debts and obligations of the partnership. This means that if the partn...
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- Answered By Nikita Chetry
- Answer: 6 days ago
Methods of Redemption of DebenturesVarious companies may opt for different methods of redemption of debentures. These following are some popular ways of doing so – 1. Lump-sum payment on a prefix...
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- Answered By Nikita Chetry
- Answer: 6 days ago
Debentures are long-term debt instruments issued by a company to raise capital. Debentures can be redeemed, or repaid, by the issuing company in a number of ways. Here are five methods of redemption o...
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- Answered By Nikita Chetry
- Answer: 6 days ago
Debentures issued at a discount and redeemable at premium: When debentures are issued at a discount, the company records a debit to the debenture account and a credit to the cash account for the...
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