Business Studies, asked by mink0729000, 4 months ago

what is partnership deed..and why it is prepared?​

Answers

Answered by Sparkle1234
1

Answer:

Partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of partnership among the partners. A partnership deed is prepared to establish a partnership officially that has all the terms and conditions associated with it to avoid disputes in future. * The various terms specified in the partnership deed are salary, drawings, interest on capital, profit and loss sharing and many more.

Answered by shubhashrees73
4

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