Across
- 3. self generated goodl=will is not _______ in the books of account
- 5. its the profit earned by an enterprise from its operating and non operating activities
- 8. interest on capital is allowed when the firm earns _______ during the year
- 11. interest on bank loan is a content of partnership deed
- 12. This can override the provisions of Indian partnership act, 1932.
- 14. expenses expected to be incurred to earn profits are deducted to determine normal expected profit for valuation of_______
- 15. registration of firm under the Partnership act,1932 is _______
Down
- 1. Profit available for distribution among partners after allowing remunerations,interest on capitals and drawings etc
- 2. goodwill is capitalized value of ________
- 4. capital invested in the firms business
- 6. goodwill helps in earning _________ than normal profit
- 7. goodwill is an __________ asset
- 9. Managers commission is a _______ against profit
- 10. Current Accounts of the partners should be opened when the capitals are
- 13. incase of partnership, teh act of any partner is binding on _______ partners