Fundamental Of Partnership and Goodwill

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Across
  1. 2. In case of partnership,the act of any partner is binding on ___ partners
  2. 4. Unrecored assest are are transferred to
  3. 7. _____ is the basis of partnership b/w partners to run the partnership business
  4. 8. Goodwill is capitalized value of _____
  5. 11. Liability of a partner is
  6. 12. Money withdrawn from a business by its owner is called ______
Down
  1. 1. Employes captial invested in the firms businessinvested
  2. 3. Managers commission is a _____ against profit
  3. 5. Excess amount that a firm gets over and aboue the market value of assets at the time of sale of business
  4. 6. ______ goodwill is not accounted in books
  5. 9. Goodwill is an _____ assest
  6. 10. Interest of capital is allowed when the firm earns______ during the year