PREPARE A PARTNERSHIP DEED WITH THE FOLLOWING DETAILS
1.THE NAME OF THE FIRM
2.THE PRINCIPLE PLACE OF ITS BUSINESS
3.THE NAMES OF OTHER PLACE WHERE THE FIRM CARRIES ON BUSINESS
4.THE NAMES AND THE FULL ADRESS OF ALL THE PARTNERS
5.THE DATE ON WHICH A PARTNER JOIN THE FIRM
6.THE AMOUNT OF CAPITALS CONTRIBUTES BY PARTNERS
7.THE RATIO IN WHICH PROFIT WILL BE SHARE
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ok but please mark me as brainliest
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Partnership Firm Registration
A Partnership firm is a business entity created by persons who have agreed to share profits or loss of the business. Partnerships are a very good choice of business entity for small enterprises wherein two or more persons decides to contribute to a business and share the profits or losses. In India, Partnerships are widely prevalent because of its ease of formation and minimal regulatory compliance. Also, the concept of LLP was introduced only in 2010, whereas the Partnership Act, 1932 has been in existence before the independence of India. Hence, partnership firms are the most prevalent type of business entity wherein a group of people are involved.
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