CUET Accountancy PYQs

Which of the following statement is incorrect?

Arrange the following in sequence of the final Accounts for a Partnership firm.

(A) Profit and Loss Account

(B) Partner's Capital Account

(C) Trading Account

(D) Balance Sheet

(E) Profit and Loss Appropriation Account

Choose the correct answer from the options given below :

Under which Section & Act, the Central Government is empowered to prescribe a maximum number of partners in a partnership firm?