write any six contents of the partnership deed
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Answer:
Partnership Deed Contents
Name of the firm as determined by all partners. ... Amount of capital contributed by each partner. Profit sharing ratio between the partners. Duties, obligations and power of each partner of the firm.
Explanation:
Contents of Partnership Deeds:
The name of the firm.
Name and details of all partners.
Date of commencement of business.
Duration of the firm's existence.
Capital contributed by each partner.
Profit/loss sharing ratio.
Interest on capital payable to partners.
The extent of borrowings each partner can draw.
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