PARTNERSHIP

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Across
  1. 2. Relation between persons agreeing to share profits of a business.
  2. 4. Account used to distribute net profit among firm partners.
  3. 6. Legal written document detailing rules governing a partnership firm.
  4. 8. Account recording partner investments, drawings, and share of profits.
  5. 9. Intangible asset representing the value of a firm's reputation.
  6. 10. Ratio in which remaining partners acquire a retiring partner's share.
Down
  1. 1. Partner who contributes capital but does not active participate.
  2. 3. Agreed proportion for distributing firm profits and losses among partners.
  3. 5. Interest charged by a firm on partner's personal withdrawals.
  4. 7. Minimum profit amount assured to a specific partner by others.