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Class 12 · Accountancy
→What is the main benefit of including an audit clause in a partnership deed?
Class 12 · Accountancy
→Why is the rule for operating the partnership's bank account included in the partnership deed?
Class 12 · Accountancy
→Why is a dispute resolution clause included in a partnership deed?
Class 12 · Accountancy
→Why is the method of valuing goodwill specified in the partnership deed?
Class 12 · Accountancy
→Which provision of the deed is useful in case of death of a partner?
Class 12 · Accountancy
→Which condition in the partnership deed is most useful when a partner retires?
Class 12 · Accountancy
→Why is the condition for admission of a new partner written in the partnership deed?
Class 12 · Accountancy
→Why is the accounting year mentioned in a partnership deed?
Class 12 · Accountancy
→Why does a partnership deed contain a condition for maintaining books of accounts?
Class 12 · Accountancy
→For whom can commission be provided in a partnership deed?
Class 12 · Accountancy
→When is the provision for partner's salary useful in a partnership deed?
Class 12 · Accountancy
→What is the purpose of writing interest on drawings in the deed?
Class 12 · Accountancy
→What does writing interest on capital in the deed mean?
Class 12 · Accountancy
→Why is capital contribution mentioned in a partnership deed?
Class 12 · Accountancy
→Why is the nature (object) of the business written in the partnership deed?
Class 12 · Accountancy
→What is the main purpose of recording the firm's name in the partnership deed?
Class 12 · Accountancy
→If the deed is silent about salary will a partner get salary?
Class 12 · Accountancy
→If the partnership deed is silent on drawings, will interest on drawings be charged?
Class 12 · Accountancy
→In the absence of deed what is the rate of interest on partner's loan?
Class 12 · Accountancy
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