2. Rewrite the following as interrigative sentences :
1.the stars are shining in the sky
2.he is swiimming in the tank
3.they are having tea

Rewrite the following as negative sentences :

1. the hourse is eating grass

2.my brothers are going to karachi

3>he is ringing the bell now

Co-ownership

it is a relation b/w two or more persons who own propertly joinly or in common

firm name

it is the name under which the business is carried on as known to the outside world

firm

partners are collectively known as a firm

business

it includes any trade, profession of vocations carries onto earn profit

Articles of partnership

these are terms and conditions in the agrement b/w the partners

the adjusting entry method

the worksheet for mahmood trading copany, using the adjusting entry method is given below

Required

1.Prepare profit and loss account

2.prepare balance sheet for the year ended 31st december

Required

1.Prepare profit and loss account

2.prepare balance sheet for

Required

1.Prepare profit and loss account

2.prepare balance shee

Income

the earning of a business resuting in gross increase in capital or equity

Advantages of using journal
the funtions and advantages of using a journal are summarized below