Accounting For Share Capital, Illustration (Accounts Class 12th)<br />accounting for partnership firms fundamentals<br />accounting for partnership firm<br /><br />The third stage in the development of organisational forms is the corporation form. A lot of people have contributed to its capital.<br /><br />referred to as shareholders, who are the actual proprietors of the<br /><br />company. However, it is also not possible for all of them to<br /><br />neither participate in the company's management<br /><br />regarded as desirable. As a result, they choose a Board.<br /><br />of Directors in their capacity as their agent to oversee the<br /><br />activities of the business. <br /><br />
