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Home Questions DKDHVZUHET
Target Exam

CUET

Subject

Accountancy

Chapter

Accounting for Partnership

Question:
The Partnership deed is............. for the partnership firm.
Options:
Essential
Desirable
Unavailable
None of the above
Correct Answer:
Desirable
Explanation:
Partnership deed is not compulsory for the firm to make. It all depends on the firm whether they want it in written form or not. But it is desirable to avoid or settle any disputes.

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