Common use of BOOKS, RECORDS, & ACCOUNTS Clause in Contracts

BOOKS, RECORDS, & ACCOUNTS. A. Books Of Account. Books of account shall be kept by the partners, and proper entries made therein of all the sale, purchases, receipts, payments, engagements, transactions, and property of the partnership.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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BOOKS, RECORDS, & ACCOUNTS. A. Books Of Account. Books of account shall be kept by the partners, and proper entries made therein of all the sale, purchases, receipts, payments, engagements, transactions, and property of the partnership. Method Of Accounting. All accounts of the partnership shall be kept on the basis. All matters of accounting for which there is no provision in this agreement are to be governed by generally accepted methods of accounting.

Appears in 1 contract

Samples: Partnership Agreement

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