The partnership deed of a partnership firm includes:(A) Salaries and…

The correct answer is Option (1) → (B), (A) and (D) only

The partnership deed is the written agreement among the partners. It sets out the terms that govern their relationship and the running of the firm.

(A) Salaries and Commission payable to partners Correct. The deed states any salary or commission a partner is to get. Without such a term, no partner is entitled to remuneration.

(B) Rules regarding the operation of bank accounts Correct. The deed usually lays down who may operate the firm's bank accounts and how, which avoids disputes over money.

(C) Common Seal of the firm Incorrect. A common seal belongs to a company, which is an artificial person and signs through its seal. A partnership firm has no separate legal identity and no common seal; the partners sign for it.

(D) The Accounting period of the firm Correct. The deed fixes the accounting period, the period for which the firm's accounts are closed and profits shared.