Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

Which of the following is not included in the Contents of the Partnership Deed-

Options:

Names and Addresses of all partners

Profit and loss sharing ratio

Rate of interest on capital, loan, drawings, etc

The rights, duties and liabilities of each partner's spouse

Correct Answer:

The rights, duties and liabilities of each partner's spouse

Explanation:

The correct answer is Option (4) → The rights, duties and liabilities of each partner's spouse