Accounting for partnership firms - fundamentals

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Across
  1. 3. Interest on capital is allowed only if the firm earns during the year
  2. 4. capital accounts always show a credit balance
  3. 7. interest on loan by partner is allowed
  4. 8. In case of partnership the Act of any partner is binding on partner
  5. 9. Number of partners which should not exceed for partnership business is
Down
  1. 1. can override the provision of Indian partnership act, 1932
  2. 2. having a written partnership deed is
  3. 5. every partner is bound to attend diligently to his in the conduct of the business
  4. 6. when there is no agreement among the partners, the profit or loss of the firm will be shared by the partners
  5. 10. minimum number of persons required to start partnership business is