Question: 1.What are PPE & intangible assets ? Discuss . 2. Explain the concept of Inventory costing and valuation. 3. Identify the characteristics of a partnership

1.What are PPE & intangible assets ? Discuss .

2. Explain the concept of Inventory costing and valuation.

3. Identify the characteristics of a partnership and explain its advantages and disadvantages. Account for the admission and withdrawal of a partner.

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