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Give the Word / Term Or Phrase Which Can Substitute the Following Statement. a Partner Who is Engaged in Day to Day Activities of the Business. - Book Keeping and Accountancy

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प्रश्न

Give the word / term or phrase which can substitute the following statement.
A partner who is engaged in day to day activities of the business.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Active partner

Explanation: A partner who is engaged in day to day activities of the business is regarded as an active partner. He works on behalf of all other partners of the firm and is also paid a salary, if mentioned in the deed.

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अध्याय 1: Introduction to Partnership - Exercise 2 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Introduction to Partnership
Exercise 2 | Q 4 | पृष्ठ १३
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