A non-profit-making organization differs from a profit-making one in that?

Which of the following indicate that a partnership business is in place?
(i) There is a business
(ii)It is run commonly by partners
(iii)It has profit-making in view
(iv) Partners' liability is limited

When forming a partnership, new partners should record non-monetary assets on the new partnership's books at?

Umar and Ahemed share profit and losses equally and have capital balances of N40,000 and N60,000 respectively. If bdullahi purchases one-third interest with no bonus, how much will he have to contribute to the partnership?

Which of the following is an intangible asset and a measure of a firm's superior earning power?