Partnership Deed by Shimi from BNVCTE
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Transcript of Partnership Deed by Shimi from BNVCTE
![Page 1: Partnership Deed by Shimi from BNVCTE](https://reader037.fdocuments.net/reader037/viewer/2022110308/557d0f92d8b42a103b8b512f/html5/thumbnails/1.jpg)
WELCOMEName of the Teacher : Shimi L Jabbar
Subject : Accountancy
Unit : Accounting for Partnership Basic Concepts
Topic : Partnership Deed
![Page 2: Partnership Deed by Shimi from BNVCTE](https://reader037.fdocuments.net/reader037/viewer/2022110308/557d0f92d8b42a103b8b512f/html5/thumbnails/2.jpg)
The written agreement between partners
Also known as Articles of Partnership
Partnership Deed
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Contents of Partnership Deed
1. Name of the Firm
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Contents of Partnership Deed
2. Name and Address of All Partners
![Page 5: Partnership Deed by Shimi from BNVCTE](https://reader037.fdocuments.net/reader037/viewer/2022110308/557d0f92d8b42a103b8b512f/html5/thumbnails/5.jpg)
Contents of Partnership Deed
3. Nature and Place of Business
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Contents of Partnership Deed
4. Date of Commencement of Partnership
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Contents of Partnership Deed
5. Duration of Partnership
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Contents of Partnership Deed
6. Amount of Capital Contributed or to be Contributed by each Partner
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Contents of Partnership Deed
7. Rules regarding operation of bank accounts
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Contents of Partnership Deed
8. Ratio in which profits and losses Are to be shared
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Contents of Partnership Deed
9. Interest if any, On partners’
capital and drawings
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Contents of Partnership Deed
10. Interest on loan by the partner to the firm
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Contents of Partnership Deed
11. Salaries, commission, etc. if payable to any partner, and such other matters relating to audit of accounts, settlements of accounts at the time of dissolution of the firm
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THANK YOU