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Answer in One Sentence Only. Which Act is Applicable to Partnership Business? - Book Keeping and Accountancy

One Line Answer

Answer in one sentence only.
Which act is applicable to partnership business? 

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Solution

Indian Partnership Act, 1932 is applicable to partnership firms.

Concept: The Indian Partnership Act 1932
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APPEARS IN

Micheal Vaz Accounts - Book Keeping and Accountancy HSC 12th Standard Maharashtra State Board
Chapter 1 Introduction to Partnership
Exercise | Q 2 | Page 13
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