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What is a partnership deed? - Accounts

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What is a partnership deed?

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उत्तर

A partnership deed is a document in writing that contains the terms of the agreement among the partners. It is not compulsory for a partnership to have a partnership deed as per the Indian Partnership Act, 1932. But it is desirable to have a partnership deed, as it serves as evidence of the terms of the agreement among the partners.

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पाठ 3: Accounts of partnership firms–fundamentals - Very short answer questions [पृष्ठ १११]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 3 Accounts of partnership firms–fundamentals
Very short answer questions | Q II 2. | पृष्ठ १११
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SHORT ANSWER QUESTIONS | Q 9. | पृष्ठ १.१२७
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EXERCISES | Q III. 4. (a) | पृष्ठ ४२
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