Business, 05.05.2021 14:00 kayltosh2729
Mr. Sumit Grover owns an ancestral house in Goa. On the advice of his friend, he converted it into a hotel
after renovation. The hotel was running smoothly and revenue from the hotel helped to increase his
income. On his death the property (hotel) was inherited by his three sons. Eldest son-Raj, Second- Ashish
and youngest son – Rahul who contributes the business as Joint Hindu Family Business.
(i). Name the law which governs the Joint Hindu Family Business.
(ii). Who among the three brothers has right to control the business?
Answers: 2
Business, 22.06.2019 09:50, anonymous777739
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
Business, 22.06.2019 18:00, lovecats12
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
Mr. Sumit Grover owns an ancestral house in Goa. On the advice of his friend, he converted it into a...
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