Partner example sentences

When realisation expenses are paid by a partner on behalf of the firm.USA, UK, Belgium, Germany, Japan, Switzerland, Hong Kong, UAE, China, Singapore and Malaysia are the major trading partners.His father told him that he can enter into a partnership with the owner of another restaurant, who will bring in more funds but it would also require sharing of profits and control of business.He has to accommodate different groups and factions in his party as well as among alliance partners.He represents a US software services firm that outsources project work to its delivery partners in Gurgaon, the software hub of North India.Partners accounts are also settled and the Cash or Bank account is closed.For example, at the time of retirement of a partner, the accounting period can be different from twelve months period.It is a time bound initiative of the central Government, in partnership with the states, the local Government and the community for achieving the goal of universalisation of elementary education.In other words, it results in the dissolution of a partnership but not that of the firm.You have learnt about the reconstitution of a partnership firm which takes place on account of admission, retirement or death of a partner.In case of proprietary and partnership concerns, the funds may be raised either from personal sources or borrowings from banks, friends etc.Lok Dal and its partners won 76 out of 90 seats in the State Assembly.Depending upon the size of activities and level of business operation, it can be a sole-proprietory concern, partnership firm, cooperative society, company, local authority, municipal corporation or any other association of persons.When all accounts are settled and the final payment is made to the partners for the amounts due to them, the books of the firm are closed.With respect to ownership, the business organisation may take the form of a sale proprietorship, partnership, or a joint stock company.