What is the main meaning of a partnership deed?

Correct answer: Written agreement among partners

The direct answer is option A: a partnership deed is a written agreement among the partners. It is prepared to record the mutually accepted rules of the partnership. It may state each partner's capital, profit-and-loss sharing ratio, drawings, interest, duties, powers, admission or retirement rules, and methods of settlement. This written record reduces confusion and helps settle disagreements. Option B, a list of customers, is a business record but does not define the partners' mutual rights. Option C, a bank statement, is supplied by a bank and merely reports account transactions. Option D, a tax receipt, proves payment of a tax and is not an agreement between partners. Therefore A gives the exact meaning. Memory cue: deed means a formal written document; partnership deed means the partners' written rulebook.