Across
- 3. having a written partnership is _____
- 5. what is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all?
- 6. which capital accounts always show a credit balance?
- 8. interest on capital is only allowed if the firm earns ____ during the year
- 9. manager's commission is a ____ against profit
- 10. what is the minimum number of people required to start a partnership?
Down
- 1. what is the liability of the partners in a partnership firm under Indian Partnership Act 1932
- 2. in case of partnership, the act of any partner is binding on ____ partners.
- 4. salary or commission to a partner is an _____ of profit
- 7. capital account and current account are maintained under ____ capital method