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Class 12 · Accountancy
→Having signatures and date on the deed strengthens what?
Class 12 · Accountancy
→If the deed states that goodwill will not be considered on retirement of a partner, what will happen in accounting?
Class 12 · Accountancy
→If the partnership deed specifically states that profit will be shared in capital ratio, which statement is correct?
Class 12 · Accountancy
→If the deed is silent but partners later make a written amendment, which document will be more relevant?
Class 12 · Accountancy
→If the deed has a condition that partners must not keep secret profits, which principle does it strengthen?
Class 12 · Accountancy
→If the deed mentions interest on partners' current accounts, when will it apply?
Class 12 · Accountancy
→If the deed says a partner cannot use firm property for personal use, what control does it relate to?
Class 12 · Accountancy
→If the deed says accounts will be kept on accrual basis and not cash basis, what does it mean?
Class 12 · Accountancy
→If the interest on capital rate is changed during the year in the deed, what is the correct exam approach?
Class 12 · Accountancy
→If the deed gives a partner commission only on sales, how is it different from commission on profit?
Class 12 · Accountancy
→If the admission date of a new partner is given in the deed, what is its importance in calculating profit share?
Class 12 · Accountancy
→If the deed states that a retiring partner will be paid in instalments, what is the main benefit?
Class 12 · Accountancy
→If the deed says every partner will devote equal time, what does it relate to?
Class 12 · Accountancy
→If a partner brings no capital but has a share in profit under the deed, what does it show?
Class 12 · Accountancy
→If the partnership deed says disputes will be settled by arbitration, what process does it show?
Class 12 · Accountancy
→If the deed allows reimbursement of expenses to a partner, when will it apply?
Class 12 · Accountancy
→If the deed has both interest on capital and interest on drawings, what is the correct difference?
Class 12 · Accountancy
→If a partnership deed states that a deceased partner's share of profits is to be calculated on the basis of last year's profit, which provision of the deed is this an example of?
Class 12 · Accountancy
→The deed contains a rule to donate before distributing profits among partners. What type of matter is this?
Class 12 · Accountancy
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