Partnership Accounts

1. An account showing permenant contribution to the partnership
7. An incentive to invest money into the partnership
10. An account showing the distribution of profits or losses between partners
12. An increase in a provision account, such as deprecitation in the revaluation account, goes on which side?
13. Also known as 'debtors'
14. An intangible non-current asset
15. Third party, based on assets that the business has
16. Documents showing the entitlement of the business
21. Need to be revalued if a partner retires or leaves the business
22. An increase of a fixde asset in the revaluation account goes on which side?
24. An account used to calculate the current value of assets

2. What is it called when a partner leaves their share of money in the business after retirement
3. An account showing money at a time that is owned/owed by each partner
4. Also known as 'creditors'
5. How are profits shared in Partnership Act 1890?
6. of a partnership
8. An incentive to not withdraw money from the partnership
9. When a partner joins the business
11. What is used to calculate the creation of goodwill
16. General rules and laws of a partnership
17. Account used to recordthe closing transactions when a business disolves
18. Used to calculate the distribution of goodwill and profits and losses
19. When a partner leaves the business
20. What is used to calculate the disperse of goodwill
23. A parnter is entitled to this if they work within the business