Question

Mangal, Sazia & Suqhbeer Singh wish to start a business in partnership. They want to make a partnership deed, suggest what aspects of the deed should be included in it?

Answer 1

Answer:

Here is your Answer

Explanation:

Following aspects should be included

1. Capital Ratio of the partners

2. Profit sharing Ratio of the partners

3. Interest on Withdrawal of Partners

4.Interest on Capital of Partners

5. salary or commission for active partner

6. Interest on loan given by a partner