write in word

now 3. Mr. Farhan, plans to join as a partner to a partnership firm. Somebody told him that if he wants to become to a partner to a partnership firm, he is required to pay some additional amount other than the amount of capital to get a right to share the future profits of the partnership firm. Mr. Farhan wants to have complete information on such payments, right from its meaning and explanation, the methods for calculation, its accounting treatments in every situation of a partnership firm including death of a partner. Prepare your answer in such a way that Mr. Farhan can be provided adequate information on the given context with examples