What are the different types of Partnership accounts?
Partnership firm accounts are classified as:
- Normal Partnership Firm account
- Limited Liability Partnership (LLP) Firm account
Partnership Type Trading Account Demat Account Normal Partnership Firm Must be opened in the name of the firm. Must be opened in the name of the partners.(up to 3)Limited Liability Partnership Firm Must be opened in the name of the firm. Must be opened in the name of the firm.
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