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A,B,C entered in partnership of a …

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A,B,C entered in partnership of a manufacturing business A locked after the business development content development and C financed the business.At the end of the first year. A wanted a salary of 5000Rs month for the additional work he did. Other partner were not inclined to this. How would you show this as per the provision of the Indian Partnership Act 1932

Posted by Rkhaldar Kumar Haldar 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Ashok Gaur 6 years, 3 months ago

Accoding to partnetship Act ,1932 The salary is provided when only it is mentionef in partnership deed, if it is written in agreement then claim of A is valid.if there is no partnership then the claim is not valid.

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