Question

what are contents of partnership deed........ ​

Answer 1

Answer:

Partnership deed forms the basis of partnership. Partnership deed is a document containing all the matters according to which mutual rights, duties and liabilities of the partners in the conduct and management of the affairs of the firm are determined. Hence, it contains the terms and conditions of the partnership.

Answer 2

Answer:

There are like 14-15 I'll try to write as many as I remember

Explanation:

1. Name of the firm

2. Name of the partners

3. Nature of the business

4. Profit and loss sharing ratio

5. Place of the business

6. Account capital contribution by each partner

7. Loans from partners or advances.

8. Drawings allowed to partners

9. Duties and Powers of the partners

10. Maintenance of account and arrangements for their audit.

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