AIOU SOLVED ASSIGNMENT 2 CODE 438 ACCOUNTING


AIOU SOLVED ASSIGNMENT 2 CODE 438 AUTUMN 2016

Aiou solved assignment 2 code 438 autumn 2016. You students find here aiou solved assignment 2 code 438 for the Open University semester autumn 2016. Solved assignment 2 code 438 autumn 2016, aiou solved assignment 2 code 438 autumn 2016, aiou code 438 solved assignment 2 autumn 2016, autumn 2016 aiou solved assignment 2 code 438, aiou solved assignment 2 code 438 spring 2017.





1. Active Partner 2. Sleeping Partner 1) Active partner: – The partner in the business who is taking practically part in the business affairs of management is called Active partner. 2) Sleeping Partner: – The partner who has contributed his capital in the business as well as shares every profit and loss but not interested in the business affairs of management of a firm is called as Sleeping partner. 3) Special Partners: The partner who has contributes his capital in the business but his liability is fixed to the extent of his capital is called as Special partner. They only exist in the limited partnership. 4) Other Partners: The other forms of partners in a business are as given below:- • Secret partner. • Nominal partner. • Minor partner • Partner in profit. Secret Partner: – The partner who is unknown to the general public but practically taking part in management of the business is called Secret partner. Nominal Partner: – The partner, who can neither contribute his capital nor taking interest in the business affairs of company, only lends his name for the goodwill and credit worthiness is called Nominal partner. Minor Partner: – The partner who has contributed his capital in the business but his liability is fixed for a specific period to the extent of contribution is called as Minor partner. Partner in Profit: – The partner who is receiving some part of earning profit but not liable for any losses is called partner in profit.

AIOU SOLVED ASSIGNMENT 2 CODE 438 AUTUMN 2016 B.COM ACCOUNTING


ان کو بھی پڑھيں شکريہ

↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓

السَّلآمُ عَلَيْكُمْ وَرَحْمَةُ الله وبَرَكآتُه. Assalam-O-Alaikum, Dear, Students we are providing free of cost solved assignments. Get it & Share it. For More Assignments Stay Connect with us. "DON'T MISS NAMAZ"

We will be happy to hear your thoughts

      Leave a reply