Question

assuming you are on auditor draft a partner ship deed for thier partner ship firm​

Answer 1

Answer:

donot understanding your question

Answer 2

Partnership deed for their Partnership firm

their Partnership firmExplanation:

• Partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of the partnership between the partners.

• A partnership firm is one of the popular types of organizations to start a new business.

• The smooth and successful operation of a partnership firm requires a clear understanding among its partners about the various policies governing their partnership.

• The partnership deed serves this purpose. It specifies various conditions like profit/loss sharing, salary, interest o,n capital, drawing, admission of a new partner etc. to bring clarity to the partners.