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Which accounting standard governs the accounting for partnerships in India?

Practice Questions

1 question
Q1
Which accounting standard governs the accounting for partnerships in India?
  1. AS 1
  2. AS 2
  3. AS 3
  4. AS 4

Questions & Step-by-step Solutions

1 item
Q
Q: Which accounting standard governs the accounting for partnerships in India?
Solution: Accounting Standard 1 (AS 1) deals with the disclosure of accounting policies, which is relevant for partnerships.
Steps: 0

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