PARTNERSHIP-FUNDAMENTALS

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Across
  1. 2. If the deed is silent, this is distributed equally among partners.
  2. 4. Interest on this is charged @ 6% p.a. if the deed is silent.
  3. 6. Amount withdrawn by a partner for personal use.
  4. 7. Liability of partners in a general partnership.
  5. 9. The share of profit given to a partner based on sales or capital.
Down
  1. 1. This account is prepared to show the distribution of profits.
  2. 3. The document containing the terms of partnership agreement.
  3. 5. The person who has entered into partnership with others.
  4. 8. Minimum number of persons required to form a partnership.