Question

The written agreement of partnership is called: _______

(a) Partnership deed (b) Articles of association

(c) Memorandum of association (d) Certificate of incorporation

10. Under fixed capital methods, profit will be credited to: _______A/c.

(a) Capital (b) Drawings (c) Current (d) Profit & Loss

11. Partnership business in India is government by partnership Act of: ______.

(a) 1913 (b) 1932 (c) 1984 (d) 1928

12. The members of partnership firm are individually called as: ________

(a) Director (b) Investor (c) Partner (d) Manager

13. The object of partnership is to: _____

(a) Earn profit (b) Not to earn profit

(c) Welfare of membershalp
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Answer 1

Answer:

1.ans-a . partnership deed

2.c-ans -current ac

3.ans- partnership act 1932

4.ans-partner

5.ans.-is to earn profit