Partnership Fundamentals and goodwill

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Across
  1. 2. goodwill is capitalized value of ________
  2. 8. Profit available for distribution among partners after allowing remunerations,interest on capitals and drawings etc
  3. 10. This can override the provisions of Indian partnership act, 1932.
  4. 12. interest on bank loan is a content of partnership deed
  5. 14. its the profit earned by an enterprise from its operating and non operating activities
  6. 15. expenses expected to be incurred to earn profits are deducted to determine normal expected profit for valuation of_______
  7. 16. goodwill helps in earning _________ than normal profit
Down
  1. 1. interest on capital is allowed when the firm earns _______ during the year
  2. 3. Managers commission is a _______ against profit
  3. 4. capital invested in the firms business
  4. 5. self generated goodl=will is not _______ in the books of account
  5. 6. Current Accounts of the partners should be opened when the capitals are
  6. 7. registration of firm under the Partnership act,1932 is _______
  7. 9. goodwill is an __________ asset
  8. 11. goodwill is an __________ asset
  9. 13. incase of partnership, teh act of any partner is binding on _______ partners