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In the absence of partnership deed,how …

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In the absence of partnership deed,how are the following matters resolved: (a)Salaries of partners (b)Interest on partner's capitals (c)Interest on partner's loan (d)Division on loan by partners (e)Division of profit (f)Interest on partner's drawing (g)Interest on loan to partners?

Posted by Tanu Khan 5 years, 5 months ago

CBSE > Class 12 > Accountancy

2 answers

Aaiman Farhin 5 years, 5 months ago

G) not allowed D) division on loan by partners not allowed

Aaiman Farhin 5 years, 5 months ago

a) not provided b) not provided c) 6% pa e) equally f) not charged

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