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What is the purpose of allowing …

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What is the purpose of allowing interest on partner's capital?

    • Posted by Dileep Kumat 7 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Samira . 7 years, 2 months ago

    Business and partners have different identity . Capital invested by a partner is a loan for company/ business that's why business provide interest to partners according to their capital invested . Well , it was a nice question.

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    • Posted by Mohd Aman Mansoori 1 year, 4 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Mahi . 1 year, 4 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Munni Lal 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Srishti Arya 1 year, 2 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Riya Chandan 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
    • 0 answers
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    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Palak Sharma 1 year, 4 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Palak Kumari 3 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers

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