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When there is a debit balance …

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When there is a debit balance in a partner's capital a/c, then why is interest on capital not allowed?

    • Posted by Sakshi Ojha 5 years, 8 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Gaurav Bansal 7 years, 1 month ago

    Are u commerce with maths student, vidhi

    2Thank You

    Vidhi Jain 7 years, 1 month ago

    interest on capital will be allowed even when there is debit balance in partner capital a/c. It won't be allowed when there is no net profit in the appropriation a/c

    4Thank You

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