Accounting For Share Capital, Illustration (Accounts Class 12th)
accounting for partnership firms fundamentals
accounting for partnership firm
The third stage in the development of organisational forms is the corporation form. A lot of people have contributed to its capital.
referred to as shareholders, who are the actual proprietors of the
company. However, it is also not possible for all of them to
neither participate in the company's management
regarded as desirable. As a result, they choose a Board.
of Directors in their capacity as their agent to oversee the
activities of the business.
accounting for partnership firms fundamentals
accounting for partnership firm
The third stage in the development of organisational forms is the corporation form. A lot of people have contributed to its capital.
referred to as shareholders, who are the actual proprietors of the
company. However, it is also not possible for all of them to
neither participate in the company's management
regarded as desirable. As a result, they choose a Board.
of Directors in their capacity as their agent to oversee the
activities of the business.
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