Accounts HHW 2021-22

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Across
  1. 2. .
  2. 5. 1) A ________ is the relation between persons who have agreed to share profits of a business carried on by all or any of them acting for all.
  3. 6. 8) If appropriations are more than _________ then profit available for distribution is distributed in the ratio of appropriations to be made.
  4. 7. 9) Capital increases the ______ capacity of the firm.
  5. 9. 10) When __________ amount is withdrawn at different dates or when there is irregular drawings, interest on drawings is calculated with the help of Product Method. (unequal)
  6. 11. 7) Profit and Loss Appropriation A/C is an ________ of Profit and Loss A/C.
Down
  1. 1. 6) Registration of firm under the partnership act 1932 is ________.
  2. 3. 3) Every partner has the right to share profits or losses with others in the agreed ______.
  3. 4. 4) If a partner incurs expenses on the business or he pays amount on behalf of the firm that partner gets ___________ for the payments made by him from the firm.
  4. 8. 2) A partnership firm cannot have more than ______ partners.
  5. 10. 5) Partnership ______ is an important legal document which defines relationship among the partners. It is important to have it so that _______ do not arise.