Accountancy, asked by officiallone89, 4 months ago

what is partnership deed?

Answers

Answered by TheDeadlyWasp

10

Explanation:

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

♠It specifies the various terms such as profit/loss sharing, salary, interest on capital, drawings, admission of a new partner, etc.

Hope it helps....

Answered by BoldStyle

6

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

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