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Answer in One Sentence Only. Why is a Partnership Deed Prepared? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
Why is a partnership deed prepared?

एक पंक्ति में उत्तर
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उत्तर

A partnership deed defines the relationship among the partners. So, it acts as evidence in case of disputes among the partners of a firm. Therefore, it is advised to prepare a partnership deed.

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अध्याय 1: Introduction to Partnership - Exercise 1 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Introduction to Partnership
Exercise 1 | Q 6 | पृष्ठ १३
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