Accounting for ...

Inter se relations of partners between themselves is that of a _________.

In a partnership firm engaged in banking business the number of partners cannot exceed _____.

The liability of partners is ______.

In a normal partnership firm the number of partners cannot exceed _____.

______ is not a feature of a partnership.

The members of a partnership firm are collectively called _______.

In the absence of specific provision on the partnership deed at what rate salary and remuneration would be paid to the partners?

X and Y are two partners with a capital of Rs. 35,000 and Rs. 30,000 respectively. They are allowed interest @10% on the total capital. Find the interest allowed to $$X$$ and $$Y$$.

Current Account of the partners are opened when the capital is _________.

The difference between the guaranteed profit and actual share of profit is borne by ________.