What is Partnership Deed ?
Class :- 12 th
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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
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The agreement signed between the partners of a firm outlining the terms and conditions of partnership among the partners is called Partnership deed. ... It specifies the various terms such as profit/loss sharing, salary, interest on capital, drawings, admission of a new partner, etc.
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