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cheap Ivermectin A partnership document defines the rights and obligations of all parties in a commercial enterprise. It is also called a partnership contract. the partnership deed shall provide for the accepted method of accounting for the cash flows, profits and losses and assets and liabilities of the undertaking; it also defines the financial year to be used in the financial statements and the way in which these statements are allocated between the members and the other shareholders. The Partnership Act also documents the accepted method of raising additional capital if necessary. For example, it is decided whether partners can be asked to contribute more equity to the partnership or whether they can apply for a mortgage on a property they own. The document must provide for measures to be taken in the event of the voluntary departure or death of a partner. In this case, an accounting question arises, in which the assets, liabilities and shares allocated to each partner must be revalued. . . .