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Which items may be debited or credited in the capital accounts of partners when the capitals are fixed?

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Important Questions on Accounting for Partnership : Basic Concepts

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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is informal communication?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
State the meaning of principles of management.
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which items may be debited or credited in the capital accounts of partners when the capitals are fluctuating?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Explain the relationship between the marginal products and the total product of an input.
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which function of management involves developing an organizational structure and allocating human resources?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does it mean to issue debentures at a discount and redeemable at a premium?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the total product of an input?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the appropriate method for preparing partners' capital accounts when assuming fluctuating capital accounts?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which management concept ensures that each employee has only one direct supervisor?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is meant by a debenture?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the law of diminishing marginal product?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is meant by recruitment? How is it different from selection?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What is the meaning of ‘Debentures issued as a collateral security’?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Under which two circumstances may the fixed capitals of partners change?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does ‘Issue of debentures for consideration other than cash’ mean?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Which of the following describes the calculation of a partner's capital/current accounts when the capitals are fixed?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
If a fixed amount is withdrawn on the first day of every quarter, for what period is the interest on the total amount withdrawn calculated?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
What does a bearer debenture mean?
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Other Subjects>Accountancy>Accounting for Partnership : Basic Concepts>Nature of Partnership
Explain the concept of a production function.