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Showing posts with label Capital invested. Show all posts
Showing posts with label Capital invested. Show all posts

02/04/2015

Different contain for “Partnership Deed”

Different contain for “Partnership Deed”

Partnership is a mutual relationship between two persons for some profit making activity. Individual, we call them partners and jointly, we call them partnership.

A partnership is a result of an agreement between the social unites or human being for some economic goals. Any partnership requires two or more persons which share their profit in a fix ratio. May be this agreement is in a written or oral format.

Different contain for “Partnership Deed”
 “Partnership Deed”

Here, we mention some important points for list –

ü  Firm name
ü  Partners – name & address
ü  Business types or nature
ü  Time frame for partnership
ü  Capital invested by partners
ü  Withdrawn by partners
ü  Profit – Loss sharing ratio
ü  Partners salary or commission
ü  Joining or retirement of manpower
ü  Dissolution & settlement of partners
ü  Payment of loan & settlement