How are mutual relations of partners governed in the absence of Partnership Deed? Post category:Accountancy Reading time:1 mins read SOLUTION In the absence of a ‘Partnership Deed’, mutual relations of partners’ are governed according to Partnership Act, 1932. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is partnership deed? Next PostState the provisions of Indian Partnership Act regarding the payment of remuneration to a partner for the services rendered. You Might Also Like State how Cash Flow Statements are historical in nature? October 6, 2022 Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022 Define Trade Payables. September 30, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Light Lamps Ltd. issued 50,000 shares of Rs. 10 each as fully paid-up to the promoters for their services to set-up the company. It also issued 2,000 shares of Rs. 10 each credited as fully paid-up to the underwriters of shares for their services. journalise these transactions July 14, 2022