[1]On the death of his father who was a partner in a firm along with 2 active partnersImandar joined the firm as a minor.On becoming major , he started to take part in management of the firm on his close observation he found that the firm was having the following practises
​1.overbilling the invoices and taking refunds of over billed amounts from the buyer of goodsin cash without any entry in the books
2.. excessively high salaries paid to active partners .

Your question seems to be incomplete. Please check your question and get back to us for help. 

  • -1
What are you looking for?