a)Provide the complete legal name of the partnership entity. It should be the name you have registered with your appropriate state department. If you have not formally created yo… See more

a)If partners are required to make capital contributions to the partnership, you must state when those contributions should be made here. You can choose when contribution… See more

a)Capital accounts can pay out interest. You can decide whether the partners’ capital accounts will or will not pay out interest to any, all, or none of the partners depending … See more

a)Partners can receive a salary for their labor and services. It is essential to consider the partnership’s profits, the goals of the partnership, and the partners’ contribution… See more

a)This is the physical address where books and records will be stored. This can be at the partnership’s principal place of business or elsewhere, like with a lawyer or CPA. b)Choose … See more