CH-1 Partnership Crossword

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Across
  1. 3. Person who has limited liability
  2. 5. Assets owned by partnership
  3. 10. Person managing the partnership
  4. 11. Sharing of profit and loss
  5. 15. Extra money paid to partners for extra work
  6. 17. Person investing in partnership
  7. 18. Partner responsible for debt
  8. 20. Extra contribution by partner
  9. 21. Liabilities in partnership
  10. 22. Losses shared by partners
  11. 24. Net profit shared by partners
  12. 25. Profits kept aside for future use
  13. 27. Withdrawal of capital by partner
  14. 30. Expenses deducted from profit
Down
  1. 1. Sale of assets except goods
  2. 2. The date partnership accounts are finalised
  3. 4. Financial benefit recieved by a partner
  4. 6. Division of profit
  5. 7. Partnership established for a specific project
  6. 8. Capital contributed by a partner
  7. 9. Temporary advance by a partner
  8. 12. Fixed cost shared by partners
  9. 13. Accounts showing partner's capital
  10. 14. Amount paid for goodwill
  11. 16. Interest on drawings
  12. 19. Person who lends money to partnership
  13. 23. The agreement between partners
  14. 26. Fixed amount recieved by partners
  15. 28. Withdrawal of goods by partner
  16. 29. Written agreement of partnership