Accountancy, asked by kajaldhall259, 11 months ago

what is partnership deed in two or three lines plzz​

Answers

Answered by Anonymous
64

Answer:

hloo mate..

here ur answer...

A partnership deed, also known as a partnership agreement, is a document that outlines in detail the rights and responsibilities of all parties to a business operation.It is helpful in preventing disputes and disagreements over the role of each partner in the business and the benefits which are due to them.

hope it helps...

Answered by Roshni67
2

Answer:

When two or more people come together and undertake business activities it is know as partnership business.

A partnership deed an agreement which take place between the partners. it contains the profit sharing ratio. a partnership deed is a proof about the partnership firm. if the partnership deed doest mention profit sharing ratio then the profit and losses are sharing equally

By Roshni

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